The tech company additionally committed to contributing $430 billion to the US economy via data center investments, capital expenditures, Apple TV+ productions, and manufacturing jobs. Moreover, Apple’s App Store supports more than 2.1 million US jobs across all 50 states.
Apple’s iOS app economy provided $138 billion of commerce in 2019. Additionally, 85% of those proceeds went directly to third-party developers.
“At this moment of recovery and rebuilding, Apple is doubling down on our commitment to US innovation and manufacturing with a generational investment reaching communities across all 50 states,” said Tim Cook, Apple’s CEO. “We’re creating jobs in cutting-edge fields — from 5G to silicon engineering to artificial intelligence — investing in the next generation of innovative new businesses, and in all our work, building toward a greener and more equitable future.”
Cook pledged a five-year goal of $350 billion back in 2018. Apple has actually already surpassed this goal (with more than 2.7 million jobs in the US), which is why they decided to raise their pledge by 20%. Insiders are predicting that Apple will meet its new $450 billion objective by 2023.
Currently, the corporation works with 9,000 different suppliers from different US sectors.
In 2017, Apple launched a $5 billion Advanced Manufacturing Fund in order to facilitate investment partnerships. The fund has reportedly yielded massive innovations in laser technology, sustainable material development and 5G infrastructure.
“Apple and Corning’s rich history dates back more than a decade, and our partnership revolutionized glass and transformed the technology industry with the first iPhone,” Jeff Williams, Apple’s chief operating officer said of the fund. “This award underscores Apple and Corning’s shared belief in the vital role that ingenuity plays in creating industry-leading products, and the pride that both companies take in applying American innovation and advanced manufacturing to solve some of the world’s toughest technology challenges.”
California, Colorado, Massachusetts, Texas, Washington, Iowa, Indiana, Kentucky, are currently experiencing the largest Apple job gains.
Digital Transformation and engineering gigs were listed as some of the most lucrative industries in a recent hiring boom report. Google and Apple will likely be leading the march as workers continue to warm to the idea of traditional employment operations.
“Apple is also making industry-leading investments in new clean energy projects and green technology in the US and around the world. Just last month, Apple announced a massive new US energy storage project in California’s Monterey County — joining other energy storage projects the company has invested in, including its microgrid at Apple Park,” the company said in a statement.
“Apple continues to be a clean energy leader through its $4.7 billion Green Bond spend, with recent investments in solar and wind projects in Nevada, Illinois, and Virginia — bringing clean energy and high-paying jobs to local communities across the country.”