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Fortune
Fortune
Alena Botros

Trump takes a victory lap on Apple's $500 billion U.S. investment, but one analyst calls it 'completely unrealistic'

(Credit: MANDEL NGAN/AFP via Getty Images)
  • President Donald Trump thanked Apple chief executive Tim Cook after the company announced a $500 billion U.S. investment plan that would create 20,000 jobs. It not only helps Apple gain his favor via his “America First” agenda but could help it avoid tariffs. One analyst called it a smart move, while another thinks it’s unrealistic.

It didn’t take long for President Donald Trump to take his victory lap after Apple announced a plan to spend $500 billion and hire 20,000 people in the U.S. over the next four years. 

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