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The 20% is committed, so only partially spent so far, iiuc


Thanks for the reply...

But that's really not a plain English reading of their statement:

"To date, Apple has invested over $1 billion in American companies from its Advanced Manufacturing Fund — deploying the entire $1 billion initial investment and 20 percent of the $5 billion it subsequently committed to spend."

"Apple has deployed the entire $1B and 20% of $5B."

Is there a part of the sentence I'm missing which implies your reading is correct?

Rephrasing: I suspect you're right about reality, and the sentence I quoted was written by someone who didn't understand the reality, or was trying to misrepresent reality.




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