Apple spent $60 billion "supporting" 450,000 US supplier jobs last year

Apple spent $60 billion
Finisar's production facility in Sherman, Texas

The final assembly of most Apple products happens in either India or China. Similarly, most of the company’s components are sourced from Asian suppliers too. But in a new press release published earlier today, the iPhone giant was keen to point out its growing operations in the US.

According to Apple, it spent a considerable $60 billion last year "supporting" over 9,000 American companies, an increase of more than 10% versus the year prior. This translated into a whopping 450,000 domestic jobs, the firm revealed.

Last year, Apple awarded manufacturer Finisar with a $390 million contract designed to expand the production of the components required in Face ID systems. The Silicon Valley-based company also highlighted its ongoing relationship with Corning, which currently manufacturers tough sensitive glass for both the iPad and iPhone lineups. Broadcom is also among the list of US suppliers, manufacturing wireless communication hardware.

Apple went on to state that the number of jobs it supports in the United States has tripled over the past eight years, going from 600,000 in 2011 to over 2 million today, all of which are spread across the 50 states. Of this number, 80,000 are employed by Apple directly while just over 1.5 million can be attributed to the App Store ecosystem.

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13 Comments

1. Charlie2k

Posts: 113; Member since: Jan 11, 2016

Operation greenwash.. The company is clearly desperate and the media are trying to rescue the brand.

10. Finalflash

Posts: 4063; Member since: Jul 23, 2013

They all have a stake in its survival.

2. almostdone

Posts: 426; Member since: Sep 25, 2012

I like the way iPA says "support". More like Apple use their monolopy to squeeze the margins out of all these contracts like they do and requiring parts from US firms is not support. Many manufacturers also rely on the very same places for parts. It sounds like from the headline they're donating 60B for the good of humanity. LOL

5. joshuaswingle

Posts: 489; Member since: Apr 03, 2018

Support is the word Apple used, that's why it's in the title

3. xeroxchap

Posts: 68; Member since: Oct 11, 2016

"Apple spent $60 billion supporting 450,000 US supplier jobs last year" including everyone at PhoneArena....... specially Victor Hristov! *SHADE

6. joshuaswingle

Posts: 489; Member since: Apr 03, 2018

Please lemme know where I can pick up my paycheck... Haven't received anything in the mail yet lol

7. someguy2261

Posts: 248; Member since: Feb 12, 2016

For the amount of as$ kissing and stock pumping up you guys do there they should give you something.

9. joshuaswingle

Posts: 489; Member since: Apr 03, 2018

I know right? And let's not forget about all those negative articles about Samsung you guys talk about! That's surely worth a little extra cash too, right?!

13. dimas

Posts: 3296; Member since: Jul 22, 2014

@xeroxchap Stop heckling the writers.

8. Whitedot

Posts: 725; Member since: Sep 26, 2017

It feels like desperate marketing stunt. Its not like apple made some sort of sacrifice to make that support.

11. Vogue1985

Posts: 386; Member since: Jan 24, 2017

Great am sure Trump and Kanye West will be having a party on this.

12. dimas

Posts: 3296; Member since: Jul 22, 2014

$40 billion support for rouyal. The rest are for the other apple 8 fulz.

* Some comments have been hidden, because they don't meet the discussions rules.

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