APPLE'S $500 BILLION PLAN TO WOO TRUMP SHOWS THAT TIM COOK IS '10% POLITICIAN,' ANALYST SAYS
Apple's new $500 billion investment plan is winning over President Donald Trump — and proving that CEO Tim Cook knows how to play ball. The iPhone maker plans to spread its cash out across the next four years, coinciding with Trump's second term in office. Apple said it will launch an education initiative, double an existing $5 billion domestic manufacturing fund, and hire roughly 20,000 full-time workers.
- This calculated approach by Cook to win over Trump highlights the complexities of navigating politics and business, where strategic gestures can be just as important as innovative products.
- Will this unprecedented level of investment in the US economy be enough to silence critics who have long accused Apple of exploiting American workers and shifting production abroad?