Core Viewpoint - Apple is increasing its investment commitment in the U.S. from $500 billion to $600 billion over the next four years, which is expected to positively impact its stock performance and public perception [1][2] Investment Commitment - Apple will raise its investment commitment to $600 billion, an increase of $100 billion from the previous commitment made in February [1] - This announcement is part of a broader strategy to enhance its manufacturing presence in the U.S. through the new American Manufacturing Program [2] Relationship with Government - CEO Tim Cook has had a fluctuating relationship with President Trump, who has previously praised him but has also expressed concerns about Apple's manufacturing locations [2] - Trump has urged Apple to shift its iPhone assembly from countries like China and India to the U.S., indicating a push for domestic manufacturing [2]
Apple shares pop 5% ahead of Trump-Cook investment announcement at White House