During his first State of the Union address this evening, President Trump made mention of Apple while touting the growth the United States economy has seen under his watch. Trump acknowledged Apple’s plans to invest in the United States with a new campus and job creation…
Apple announced earlier this year that it plans to invest a total of $350 billion in the United States economy over the next five years, while also creating 20,000 jobs. Furthermore, the company announced a $2,500 bonus for employees in the form of restricted stock units.
Trump touted these announcements during his speech this evening while discussing the tax reform that will allow Apple to repatriate billions of dollars the United States.
Trump said:
This isn’t the first time Trump has mentioned Apple’s announcement. A day after the news, he said that he “doesn’t imagine there’s ever been an investment that big in this country by a company,” admitting that he thought Tim Cook meant millions, not billions. Trump also said he thanked Cook with a phone call.
Tim Cook attended the State of the Union in 2013, sitting next to Michelle Obama. During the speech, President Obama highlighted Apple’s plans to bring Mac manufacturing back to the United States.
