Apple spent $7.4M to lobby coronavirus, education, other issues in first half of 2020
added 02.08.2020 02:55
"iPad was helped in the June quarter there by the work from home and distance learning as it was in other geographies," Apple CEO Tim Cook said in an earnings conference call on Thursday.
The tech giant saw an uptick in iPad and Mac sales in its just ended third fiscal quarter as work from home policies and distance learning became the new normal.
Proposed and passed by the House in May, the Health and Economic Recovery Omnibus Emergency Solutions Act includes emergency funding for stimulus checks, tax cuts, federal and state agency operations, options for low-income households, support for small businesses, healthcare bailouts and other contingencies designed to counter fallout from the coronavirus.
Part of Apple's funding went to lobbying group Invariant, which attempted to impact policy on a U.S. coronavirus recovery and stimulus bill known as The Heroes Act, reports CNBC.
According to new data from the Center for Responsive Politics, Apple spent some $7.4 million in the first half of 2020 to lobby lawmakers on issues ranging from the coronavirus pandemic to remote learning.