01-20-2016, 12:57 AM
Quote:That is a big jump – but it still leaves Apple with a gross margin of 46.5% on each iPhone – a level that Cresc's Sukhdev Johal estimates would probably still make it the most profitable phone in the world.
So: two models of making one of Apple's most popular products, and two models for distributing the profits. The made-in-America model still leaves the California giant with a profit margin that most companies can only dream of, but would create hundreds of thousands of manufacturing jobs in the US to boot.
Capitalist Apple screwing Capitalist America over in the ass... way to go capitalism, biting America right back in the ass!
Quote:Last year, Apple built up cash reserves of $100bn – more than the US government. Indeed, it was so much money that the company was stumped how to dispose of it. Tim Cook, who is now CEO of Apple, announced a few weeks ago that he would begin buying back shares and paying dividends to investors. Among other people who benefited from this arrangement was Cook himself...
Ouch, just one company taking up way more $$ than the debt-riddled US gov't - while the gov't taxes companies like twice as much as Canada does, and still cannot figure out how to resolve its own debt? All the while, just one damn company is putting the gov't to shame while hardly giving anything back to its own home country except for the rich investors.
Quote:Tax incentives have failed miserably at bringing back U.S. manufacturing.
Incentives just for the rich, and the rich alone (that is, the corporate's bottom line)? Ugh, the gov't needs taxes to take care of the debts. How about subsidizing the workers instead, like Rollo's stupendous idea that will probably never switch a light bulb on in the US Capitol that needs its wiring re-worked in the first place? Then, American workers would be able to buy more shares of Apple (better distribution of wealth in the US), provide better college education for their kids, and keep America's future bright.. rather than contribute to the food stamp welfare US society of the future - only to become a spitting mirror image of China once the government goes bankrupt.
Better 1 loss (subsidizing the workers) than 2 losses (tax incentives for the ultra-rich mega-corporations PLUS food stamps and welfare for all the laid-off workers).