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Salon
Salon
Quinn Sental

Apple's $500B investment is "squishy"

Apple revealed a plan on Monday to spend $500 billion in the United States over the next four years, an announcement touted as the company's “largest-ever spend commitment.” But it may not be as impressive as it seems.

Andrew Ross Sorkin, co-anchor of CNBC’s "Squawk Box" and a financial columnist for The New York Times, described Apple’s monetary pledge as “squishy,” according to Mediaite — even as President Trump bragged on Truth Social that his administration's efforts led to it.

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