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by JumpCrisscross
1884 days ago
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> apple disguises its infrastructure spending as charity Except it doesn't. It uses the word "investment" 17 times in the announcement. If someone reads this as a charity pitch they're doing mental gymnastics. Apple is not even doing the whole "Made in the USA" schtick, where companies imply they're taking patriotic pain for the good of the country. This is fully pitched as a competitive play. An investment to yield returns. |
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This announcement makes it sound like it's something amazingly special they do. But in fact, any company throughout history has invested a certain percentage of their revenue, just like Apple is now doing.