Forbes February 24, 2025
Apple made a big splash today with an announcement that it will invest $500 billion in the United States “to support American innovation, advanced manufacturing and high tech job creation” over the next four years. This is a nice gesture — but I have plenty of questions about the specifics.
To be fair, I have no doubt that Apple, whose annual revenues have been near $400 billion for the past few years, will indeed spend a lot of money domestically through 2028. But all of this needs to be put into context in terms of current trade politics, and in terms of similar mega-commitments Apple has previously made.
What Does The $500 Billion Actually Entail?
Apple’s investment is in line...
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