Apple investing $350 Billion in the US over the next 5 years

https://9to5mac.com/2018/01/17/apple-new-campus-us-investment/

Through capital expenditures including a 2nd campus, investment in domestic suppliers and education

As I already commented on this, just watch this pie in the sky turn into poof when the economy takes a nosedive. :wink:

Maybe but they are spending $55 billion this year. That much pie is on the table it seems. Thy are also bringing in $250 billion. Once you have the cash you can take advantage of a recession. Everything gets cheaper. They can build more.

“Spending” not “spent”. I know investors pulling money out of their startup projects without any notice. Call me cynical… Unless the money is already spent, it can be easily “unspent.” :wink: A “domestic supplier” means squat - many of these co’s manufacture their parts abroad. The new campus would house “tech support” aka low paid positions. So it will likely be built - if ever - somewhere in the middle of nowhere.

@BunsenBurner can you give some examples of where you’d consider in the middle of nowhere?

An abandoned fracking town? :wink:

Anything wrong with that?

Nope. It will be just as easy to abandon :slight_smile:

I don’t want to trust this either. The new tax deal will save Apple so much money, they can throw a few pennies around at us peasants, they can deign to actually build/spend/bank in the US, and I’m glad, but most of that $$ came from US consumers so I don’t feel exactly grateful. At least not considering their past tax cheats and shennanigans.