Donald Trump has criticized Apple several times for assembling its products – from iPhone to iPad – outside the United States. Almost all tech enthusiasts know that the Cupertino-based iPhone maker manufactures most of its products in the different countries in Asia. However, when it comes to creating jobs, the tech giant is doing it share, believes Tim Cook, the Chief Executive Officer of the tech company.
Jim Cramer asks Apple CEO what Apple is doing to create jobs
Recently, the CNBC’s “Mad Money” host Jim Cramer asked Cook several questions that we have wanted to ask since forever. He asked Cook how the tech giant is creating jobs, to which the CEO responded by saying that, “A lot of people ask me, ‘Do you think it’s a company’s job to create jobs?’ and my response is [that] a company should have values because a company is a collection of people. And people should have values, so by extension, a company should. And one of the things you do is give back.”
He said that the tech giant gives back through their work in the environment, by running the company on renewable energy. He further said that they give back in job creation. Cook noted that the Silicon Valley giant has created around 2 million jobs in the U.S., in which a large number of employees work in research and development, retail stores of the Silicon Valley giant and other areas.
Also, the CEO announced that the Cupertino-based company will start a $1 billion fund to promote advanced manufacturing jobs in the United States.
President Donald Trump should give a call to Cook, says Cramer
The Apple CEO told Cramer on Wednesday that they are announcing the fund today. He added, “So you’re the first person I’m telling. Well, not the first person because we’ve talked to a company that we’re going to invest in already.” On Thursday, Cramer said that the U.S. President Donald Trump should give Cook a call as Apple would start a $1 billion fund to promote advanced manufacturing jobs in the country.
The White House released a statement in response to interview of Cook, “The president’s policies have created an environment and provided the confidence in the economy needed to foster such investments as Apple is making.” On “Squawk Box” Cramer said that the President should call the Apple CEO.