Tim Cook finally earned some praise from long-time foe Donald Trump today, thanks to Apple’s plan to contribute $350 billion to the U.S. economy over the next five years.
Trump went so far as to call Tim Cook “a great guy” during a speech at a factory in Pennsylvania today while talking about Apple’s investment into the U.S.
Cook and Trump have come at odds continuously ever since Trump rode his golden escalator into the U.S. political spotlight. As he campaigned for the presidency, Trump said people should boycott Apple for manufacturing iPhones in China. Now the two sides aren’t quite as hostile.
“When I heard the news yesterday — and Tim Cook is a great guy, the head of Apple — when I heard the news, I heard $350 billion and I said, ‘you mean $350 million, that is going to be a beautiful plant,’ and they said ‘no,’ they said ‘it is $350 billion,”’ Trump said in his speech. “I just called Tim Cook and thanked him, but I don’t imagine there has ever been an investment that big in our country by a company.”
Apple revealed its plan to put $350 billion into the U.S. economy yesterday. Part of the plan calls for a new campus to be built and along with the addition of 20,000 new employees.
The iPhone maker also told employees that it will be paying out a $2500 bonus in light of the recent tax plan overhaul. Apple will also bring its massive cash pile of nearly $260 billion back to the U.S., giving it enough money to acquire Telsa or Netflix, or both.
Buster Hein is a freelance writer who lives in Phoenix, Arizona. Twitter: @bst3r.
16 responses to “Trump thanks Tim Cook for Apple’s $350 billion bonanza”
“Trump thanks Tim Cook for Apple’s $350 billion bonanza”
So called president Donald Trump doesn’t have a •clue• about anything that doesn’t have to do with amassing more money and power, trying to satisfy an insatiable ego, and increasing his sexual conquests. He imagines Tim Cook is investing a fraction of its holdings in America because of him and his “policies.” His even attempting to weigh in on Apple is a bad joke. Trump is a dope.
” Trump doesn’t have a •clue• about anything that doesn’t have to do with amassing more money and power”
What an egotistical moronic partisan you are. Apple employees are getting $2500 a piece as a direct result of Trump’s tax plan and you have the gall to come on here and throw that garbage around.
Get lost
Partisan? Where do you get that? I am an American who is seriously concerned about the future of the Republic as a result of greedy moron at the helm. •You• seem to be someone who is easily charmed by the gift of a small amount of money.
Apple is one of the greatest companies in the world, and I love it. That said, its employees do not need a $2500 bonus. Teachers need more money. The Veterans Association employees need more money. The justice system and free press need separation from a would-be dictator. “Dreamers” need protections. And on and on and on. As far as the issue of “having gall”, you’re out of line, pal. I have as much right to express myself here as you.
Holly molly. The guy gets one of the biggest companies in America to “come back home” so to speak & you think that is a bad thing? Agreed every one else need pay rises too & quite frankly the Senators & all that lot need to get pay reductions don’t they? Let’s not mention their pensions & medical coverage that the majority of Americans aren’t on. But what Trump has done here has to be a good thing right? Isn’t it just morally right for these mega-companies to pay tax? Do you really think the Clintons & the Bushes were doing it all for love? Grow up.
Sadly, Mark, you are not well-informed on this issue. First, by “the guy”, if you mean so-called president Trump, he did •not• “get one of the biggest companies in America to come back home.” Your addition of “so to speak” was key to that statement. No, in fact, the horrible “tax reform bill”—one that not only benefits large corporations and the rich but also will cost you and your children more than they can possibly afford—is responsible for Apple and other companies appearing to be benevolent. That said, I happen to think the great company Apple does enough (in fact more than almost any company in the world), for the good of people. They create products users want and can actually use; they employ many tens of thousands of people around the world; they employ highly “green” technologies, and are forward thinking and leaning in their practices. I personally feel Apple does more than its fair share. They are not “coming back home”, they are exercising their right to build additional facilities anywhere they want to, and see an advantage of doing it here. Also, they have a LOT of cash to offload or lose it due to strangling policies and provisions in the tax bill. In any case, I can assure you that Trump himself has absolutely NO idea of Apple’s benefit, unless he is a large stockholder himself: “Show me the money” is all he cares about, and of course appearing to be the savior of an American economy that is not only booming after eight years of his predecessor, but also one he had nothing to do with. Sorry pal, but you are the one who needs to “grow up”, or at least study up on your subject before pontificating.
DigitalDumDum said “No, in fact, the horrible “tax reform bill”—one that not only benefits large corporations and the rich”
That is patently FALSE.
Lowering corporate tax rates most benefits SMALL and MEDIUM sized companies.
Why? Because regardless of the tax rate, big corporations have an army of expensive attorneys who use a myriad of loopholes to pay hardly any corporate taxes.
Small and medium companies do not have these resources and end up having to pay the higher tax rates, which hurts their ability to compete with big corporations and also hurts their ability to hire more people, expand their businesses, and give bonuses and raises.
That’s a LOT of drivel there, Dogood. So croaks one of Trump’s deplorables.
“Apple is one of the greatest companies in the world, and I love it. That said, its employees do not need a $2500 bonus.”
Do you hear this low and mid-level Apple employees? This is what supremely arrogant Left-wing leaders THINK ABOUT YOU.
REMEMBER this post and let that sink in REAL WELL.
As for “veterans” etc, the Left and Globalist Republicans never did ANYTHING for veterans over many decades.
Trump has already increased VA funding by 10% and has instituted widespread reforms that have had HUGE benefits for veterans.
As for “teachers,” America spends more money on students than anywhere in the world, yet most of kids can’t even find the US capital on a map. Marxist teacher unions need to be broken up and kids need to be taught actually education again instead of SJW propaganda.
And your “dictator” comment just falls on deaf ears. The only dictators are Marxist Democrats and Globalist-Leftist Republicans who colluded with the FBI and CIA to overthrow Trump’s democratically elected presidency using secret FISA courts and a massive false media campaign.
THAT’S what REAL dictators do.
Have a nice day
Do you hear that, sentient beings of America and the world? Dogood just belched the confused, mindless ramblings of an uneducated, partisan dope, otherwise known as the ideal Trump voter and supporter.
By the way, Dogood, since you OBVIOUSLY are not a student of American or world history, you do not even know what a dictator is, how one comes to power, and, not surprisingly, how to spot one in your very midst. Read a book or two.
“Dreamers” need protections.”
Yeah, they need protection only because they are future voters for your party, that’s the only reason you guys are screaming about them. Pew research has shown that they overwhelmingly support big government and socialism. That’s why you want them.
“I have as much right to express myself here as you.”
Did I call for you to be banned? Did I say you had no right to express your opinion?
No, I did not.
That’s what YOUR SIDE does.
So stop using your Saul Alinsky tactics to blame others of what YOU are actually guilty of.
Dogged said, “…and you have the gall to come on here and throw that garbage around. Get lost.”
Yeah, sounds like you •were• questioning my right to be here, not to mention issuing the same kind of demand to “get lost” you would issue to anyone who is not as lily white as you. Hey, Dogood, do you know the meaning of the notation —30—? No? Well look it up, then go pester someone else, preferably someone as young and dumb as you. —30—
Have to admit that lowering the corporate tax rate has allowed business to expand and invest more in America.
But at what larger cost?
The question is, how many companies will really use the money to expand and invest in America? As opposed to change just continuing to pay out big bonuses to executives and hefty dividends to shareholders.
So far, Apple stands alone in the scale of their plans. The others have announced slight one-time bonuses with no wage increases, which amount to a mere fraction of the benefit received from the tax cut.
Is that Trumps fault or just the usual greed of the elite?