Thursday's Throbbing Absurdities: Apple Buys American as Dhillon Works to Restore Balance and Sanity at DOJ
The big news Wednesday afternoon wasn’t absurd at all: It came in the form of a huge new commitment by leading U.S. tech company Apple to up its planned $500 billion plans for new investments in America by another $100 billion:
Here are Four key takeaways:
1.A $600B commitment over four years marks Apple’s deeper investment in American manufacturing and innovation. Think about the scale of this: ExxonMobil’s 2025 capital budget is roughly $28 billion. Apple’s plans exceed the capital budgets of Exxon, Chevron, Shell, BP, Equinor, and TotalEnergies, combined. And it isn’t close. This is simply stunning.
2.With 450,000 supplier jobs and 20,000 new direct hires planned, the economic impact would touch every state.