Apple didn’t say it was hiring 20,000 new workers, nor bringing back all of its overseas cash

[endicom]

Market Watch
Emily Bary
Jan. 18, 2018

Apple Inc. announced a series of plans Wednesday that were celebrated as promises to hire thousands of workers and bring home all of its overseas cash.

Well, not necessarily.

Apple AAPL, +0.09%  said in its release that the company planned to “create over 20,000 new jobs through hiring at existing campuses and opening a new one.” The key word there is “create,” which Apple really likes to use when discussing jobs: The company even has a portion of its website dedicated to “job creation” that claims it is “responsible for 2 million jobs” in the United States, most of which are jobs “attributable to the App Store ecosystem.”

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