Apple appears to be bringing almost $245 billion home from overseas

NATION-NOW     Good genes? How can Trump eat a lot of fast food exercise little and be healthy?     
       Trump Good genes or good luck if not good diet

Details of the expanded $5 billion Advanced Manufacturing Fund were sparse, but Apple notes that it "support [s] innovation among American manufacturers and help [s] others establish a presence in the United States".

Apple's campus plans came in an overview of its contributions to the USA economy, which the company forecast as $350 billion over the next five years.

Planned U.S. capital expenditures, investments in manufacturing, and a record tax payment on repatriation of overseas cash will account for $75B of the company's direct contribution. Apple now employs 84,000 people in the USA, with the bulk of those being in California, where it's headquartered. "We believe deeply in the power of American ingenuity, and we are focusing our investments in areas where we can have a direct impact on job creation and job preparedness". That suggests Apple will return virtually all of its $250 billion in overseas cash to the USA, per CNBC's report. The location of the new facility will be announced later in 2018, Apple said.

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"We have a deep sense of responsibility to give back to our country and the people who help make our success possible", Cook said in a press release. It's not clear how large the campus will be nor whether Apple intends to make this a flagship campus, or just another of its many office locations around the globe.

About a third of the new spending will be on data centers to house its iCloud, App Store and Apple Music services. Apple said that it broke ground on a new facility in Reno, Nevada today that will be used to support existing locations within the state.

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