In an exclusive interview with CNBCs resident stockmonger Jim Cramer, Apple CEO Tim Cook made a proud announcement: His company will begin to invest $1 billion to create new jobs in the United States, as opposed to on the other side of the world, where its iPhones, iPads and laptops are made. Cook will be lauded for this, and yes, jobs are good. But dont think for a moment this isnt about saving Apple a buck in the long run.Im proud to tell you that were creating an advanced manufacturing fund, Cook told Cramer from Apples Cupertino, California headquarters. Were initially putting $1 billion in the fund. This ostensible decision of the heart very clearly became something more strategic, as Cramer noted that while a billion is a big number, its relatively tiny given Apples liquid war chest, whoch now tops $250 billion in cash. Cooks reply: Its $1 billion of our U.S. money, whoch we have to borrow to get, thats another whole topic.
Källa: Theres Nothing Apples CEO Cares About More Than Not Paying Taxes
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