On May 4th, according to media reports, Tim Cook, CEO of Apple, recently revealed that Apple has created a $1 billion high-end manufacturing fund to stimulate the further increase of employment rate in the United States. Cook's funds for this project also belong to Apple's investment in the United States. Last quarter, Apple invested $5 billion in American manufacturing.

Cook said, "We are very proud to do this. It will have a ripple effect, because as long as we can create more manufacturing jobs, there will be more other jobs around these manufacturing jobs. "

Cook did not introduce detailed information about the manufacturing fund. But he said that because Apple's cash is now overseas, Apple still needs to borrow money to maintain its operations in the United States.

Cook said in this interview: "Our products and innovations have helped nearly 2 million Americans find jobs, including our engineers, retailers, suppliers, manufacturers and application developers." Apple's 1.9 million jobs can be divided into two parts: 5, jobs related to Apple and 1.4 million jobs related to Apple App Store.