Nowadays, no one doubts the commercial success and high reliability of high-tech giant Apple. Besides, one could question forecasts but figures leave no room for discussion. They are the most accurate indicator of any company’s performance. This is why no matter what opponents say about Apple. The company’s figures speak louder than words.
According to Apple's official website, the company plans to invest more than $430 billion in the United States and add 20,000 new jobs nationwide over the next five years. The company aims to ease the economic fallout of the coronavirus pandemic. Interestingly, Apple's investments in the US economy will even exceed Russia's annual budget. For comparison, Russia's annual budget for 2020 amounted to 19.5 trillion rubles or $275 billion. Apple noted that over the past three years, the company’s investment in the United States had significantly outpaced the company’s five-year goal of $350 billion set in 2018.
"At this moment of recovery and rebuilding, Apple is doubling down on our commitment to US innovation and manufacturing with a generational investment reaching communities across all 50 states. We’re creating jobs in cutting-edge fields — from 5G to silicon engineering to artificial intelligence — investing in the next generation of innovative new businesses, and in all our work, building toward a greener and more equitable future," Tim Cook, Apple’s CEO, said. The corporation will invest over $1 billion in projects in North Carolina where it will build a new campus and an engineering hub. Fortune in its ranking of the most respected companies in the world gives Apple first place for 14 consecutive times.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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