Apple's U.S. Operations Are Suddenly Taking Center Stage

CEO Tim Cook announced the launch of a $1 billion fund to boost U.S. manufacturing jobs. It's unlikely that iPhone manufacturing will shift to the U.S. But Apple (AAPL) - Get Report could rely on domestic plants to assemble the Apple Watch, headphones and other accessories. Apple could also build out the supply chain needed to support more U.S. hardware production. The fund could prove politically useful, given the Trump Administration's push toward American manufacturing.

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This article was written by a staff member of TheStreet.