Tim Cook Says Apple Will Invest $600 Billion In US Manufacturing, Creating A ‘Domino Effect’ As iPhone 17 Pre-Orders Show Strong Momentum – Yahoo Finance
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Apple Inc. (NASDAQ:AAPL) CEO Tim Cook said the company’s record $600 billion investment in U.S. manufacturing over the next four years will benefit 79 factories nationwide and spark a “domino effect” of growth, as early data points to strong iPhone 17 demand.
In an interview with CNBC’s Jim Cramer that was published on Monday, Cook focused on Apple’s unprecedented domestic investment plan.
“We can’t be everywhere. I wish we could, but we are putting $600 billion to work in the next four years,” Cook said. “And so it is an extraordinary commitment. And there’s 79 factories across the U.S. that will benefit from this.”
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