So.... APPLE is giving away money (either a lot or little) to help others and people still complain? wtf?
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Apple Donates $500,000 to 'SF Gives' Anti-Poverty Initiative
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1. RED is a great charity, with a really high % of every dollar going to help prevent the spread of AIDS.
2. Apple charges the same for RED products, and takes anywhere between 10-50 dollars of it's own profit and gives it to the charity.
3. They could do more, I'll give you that. But it's something.
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Welcome to the world of MacRumors. I'm pretty sure Apple could come up with a cure for cancer and people here would complain about it.
Well, thats hardly fair. Yes, a fair portion of the time your statement holds up just fine. But if any significant ammount of that money does go to give some people the chance to change their situation and results in them rising above the poverty income level, then it was probably worth it.
Especially since $15bil-cash-pile Apple can probably afford it.
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Welcome to the world of MacRumors. I'm pretty sure Apple could come up with a cure for cancer and people here would complain about it.
Cure for cancer? Sure but when are we getting that iWatch with a holographic projection display? Cmon Apple! Innovate!"
Lack of record doesn't mean that they weren't doing anything. They just weren't talking about it. Gates in the other hand loves for folks to know about every action cause how else will he be in the press.
That lack of talk is very in keeping with Buddhism beliefs which Steve studied.
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Very true. We should be looking at company v company and man v man. So how much has. Microsoft, Google etc as a company donated to anything say in the last three years
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Not really. Not as more than janitors and how many of those do they need.
Now if Apple was running their own factories they might be in a position
Correct me if I'm wrong, but I believe the average wage earner gets $44,000 per year. Apple net income was 37B for 2013.
Donating 500,000 is 0.00001351351% of Apple's income, equivalent to the average wage earner donating 60 cents.
Should have given the money back to shareholders
This is retarded. The city of San Francisco is supposed to take care of it's residents, not the local companies. I wish AAPL included the $500k in it's yearly dividend instead of wasting it on another idiotic Benioff PR campaign.
This is retarded. The city of San Francisco is supposed to take care of it's residents, not the local companies. I wish AAPL included the $500k in it's yearly dividend instead of wasting it on another idiotic Benioff PR campaign.
And yet people like you insist that corporations pay little to no taxes.
Sounds like you want Feudalism without that pesky noblesse oblige.
But even the mentally ill and severely disabled should go out and get jobs and pull their own weight, right?
Let them eat cake.
Yep.
Absolutely worthless, "aren't we special", PR stunt.
More jobs would be created if Apple wasn't keeping billions offshore and paying their fair share of taxes.
Hypocrites.
How so? It's Apple's money either way - whether they hoard it in the US or offshore doesn't change that they hoard it - all it does is increase the amount Apple pays in taxes to the US Government. Their increase in taxes would harm Apple far more than it would help the US Federal government, and it doesn't produce any more jobs at all.
As a percentage of cash on hand to the donation amount, I matched Apple's contribution. I sent SF Gives a check for 15 cents.
How? So, last FY, Apple expensed $13b in US taxes. Let's say it should have been $50b, how does the increase increase number of jobs? It's just electronic, it's still just one accountant at the IRS, typing in a different number. And then the US could pay a bit earlier for some of their debt, so that's just timing for when some other accountant punches a couple numbers.
I wonder what this will actually do to resolve the poverty issue.
My brother lives in poverty, but it's his choice. He chooses not to go to work and gets fired. If you want to make good money, you have to have something to offer. "Alcoholic, lazy and unreliable" are all individual caused problems.
For example, handing $1000 to 500 people isn't going to solve the problem.
My brother lives in poverty, but it's his choice. He chooses not to go to work and gets fired. If you want to make good money, you have to have something to offer. "Alcoholic, lazy and unreliable" are all individual caused problems.
For example, handing $1000 to 500 people isn't going to solve the problem.
I'm discussed you bought into socialist propaganda, based your life off it and became a tool of the State. Not to mention massive student debt. The lie is not true as you repeat it more.
Freedom starts telling the counselor to take a hike!
To all the fault-finding, bitter and cynical hypocrites:
Apple's $500,000 is better than your $0. Say what you like, but they've done it, you ain't, so you ain't got no reason to pour negativity on a good deed. How about this - sell YOUR iPad and YOUR iPhone(s) and give the money you raise to charity, since these are non-essential luxuries... yeah, you wouldn't do that, would you?
Hypocrites
Sling your hooks you pathetic bunch of egotists - SHOO - go and do something good WITH YOUR LIFE, and mind your own business, sensation seeking chumps.
Apple's $500,000 is better than your $0. Say what you like, but they've done it, you ain't, so you ain't got no reason to pour negativity on a good deed. How about this - sell YOUR iPad and YOUR iPhone(s) and give the money you raise to charity, since these are non-essential luxuries... yeah, you wouldn't do that, would you?
Hypocrites
Sling your hooks you pathetic bunch of egotists - SHOO - go and do something good WITH YOUR LIFE, and mind your own business, sensation seeking chumps.
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Minimum wage isn't a socialist idea. Oh and I'm not American so not a tool of "the state"
They are giving this to homeless people...not the actual community that made them rich
and also donations are tax deductables. If they really cared about this they would have made the donation anonimusly.You so deep in the rabbit hole you can't even see your position. Minimum wage came from Keynes who was a socialist and a eugenics advocate. Keynes promotion came about from many in Europe who lost a lot of political power due the free markets of the industrial revolution. Thus they found his philosophy of "managed economies" a means to bring the old feudal, land owners back into political power.
Wow! $500,000! Do you know how many iPhones they have to sell to make a $500,000 profit? This is great. That's so much money. It's good to know they are a compassionate company 
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I'm sorry to hear about your brother. I agree that you can't just handout cash, but at the same time, what is Apple supposed to do? Tim Cook can't go around teaching everyone in SF code so he can hire them and give them jobs...
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I'm sorry to hear about your brother. I agree that you can't just handout cash, but at the same time, what is Apple supposed to do? Tim Cook can't go around teaching everyone in SF code so he can hire them and give them jobs...