Apple CEO Tim Cook will join President Donald Trump at the White House to announce a new $100 billion investment commitment by Apple in U.S. manufacturing. The Oval Office event is scheduled for 1:30 p.m. PDT / 4:30 p.m. EDT.
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MacDailyNews Take: At publication, Apple’s share price is up $11.53 (+5.69%) to $214.45.
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Pfft, lies. Companies go overseas so they can Maximize labor profits. Apple has said many times before it’s difficult to brings jobs back due to local supplier constraints, limited production output and High Labor rates. smoke and mirrors. “Investment in America” is a Diversion till he gets outta office. Ger real.