OMG, Apple will spend $1 billion of its $250+ billion cash hoard on U.S. manufacturing!


Headline from CNBC here:

Exclusive: Apple just promised to give US manufacturing a $1 billion boost

Guess how much Apple pays out in dividends to its shareholders every year??

10+ billion dollars.  Every year.

So this is much more about PR and image than it is about sinking some money into manufacturing in the U.S.

 

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