I did the math. 17 cents a day works out to $2.04 per day
This is very bad math.
I did the math. 17 cents a day works out to $2.04 per day
That's a straw man argument because American workers have absolutely nothing to do with this. They do a lot better at the factories than living in the country. Why would so many leave their tranquil country life to go work in a factory? Because they're starving out there! At least in the city they can get a job that has a living wage at a factory. Like it or not, it's an improvement over the current situation. Can Apple do more to improve things? Certainly, but at some point they might as well bring their business back to America if it's going to cost that much…speaking of which…Yes, lots of American workers are moving to China because they can make so much money at the Apple factories there... :eyeroll:
This is very bad math.
And you are a poor reader. Look again.$0.17 * 12h = $2.04
cook is being self serving, cynical and hypocritical, money does that to people, no ceo of a company that size is a nice person, sorkin is just reacting but needs to get his facts right
the 0.17 usd/hour is wrong, the rates at foxconn (and pegatron) are much higher, but still low vs. average living costs in the area, and this is in a country where inflation is non-trivial
the poster above who thinks chinese people from the farm have freedon of movement is ignorant, there is no such freedom, rural people in particular face restrictions on moving to urban areas, in china they like to keep the peasants down on the farm
foxconn has had the spotlight on it and improved conditions, but that costs more, so apple has shifted some work to subcontractors who pay less and work people harder, such as pegatron
so you can see how apple is so nice to do business with, how it really cares about those poor foxconn workers by giving their jobs to pegatron, where workers get ground harder for less, great for the share price though
if you look at apple's labour costs as % of profit it's very clear it could make a lot of poor people happy, without increasing prices a single penny, and while still making industry leading margins
apple isn't a charity of course, it's there to maximise profit, like all large companies it squeezes the most it can get away with out of people, go too far and there's bad press, so it looks for the line, it's not nice of course, it's global business
and before the ranting starts, i'm not anti-apple, but some people here seem to think it's some kind of lovely, cuddly, supernice company that sheds happiness and joy, it's not
it's just another company that wants to pay as little cost, including tax, as it can, and sell to the market for as much as it can, which is why any reseller that tries real discounting suddenly finds it has no stock, or cannot get new products until long after release
apple is no better or worse than all the other companies who do the same, though perhaps it has the best pr and a lot more control of it's supply chain and sales channels
Do folks really make 17 cents an hour in China? Wow!!!
So I know that's cheap and all... but that's what it is in China, and that meets minimum wage right?
Just because it's not 10 bucks an hour ... it doesn't mean Apple is ripping off people. Apple actually creates millions of jobs in China... I don't think it's right for the that guy to attack Cook in that way.
Sure. And that's why Cook will be giving his entire estate to charity when he passes.
It's better than the 1 Yuan per hour you'd get elsewhere in China."Third, if you've got a factory full of children in China assembling phones for 17 cents an hour you've got a lot of nerve calling someone else opportunistic."
Ouch... that hurts !
Careful about using the b word. Good people have had forced vacations from these forums after using that very emotive word.Wow a lot of butthurt people here. Obviously Cook hit a nerve. And we don't even know he was referring to Sorkin's movie.
Wow, what a childish response.
Also, the people who make these sorts of accusations at Apple are absurd. Nintendo, Microsoft, and Sony manufacture the Playstation 4, Wii U, and XBox One at the same Foxconn factories. Dell and HP also manufacture their computers there.
That still doesn't make it false. Apple, HP, Dell, etc. all take advantage of cheap Chinese labor. Actually, it points out that neither the filmmakers nor Apple are wrong to make money off of something. If Tim Cook is going to bash them, he should check himself first.Well that is patently false. Apple has done more than most any other tech company to monitor and reduce the problems inherent to Chinese factories that employ hundreds of thousands of workers. Workers who come there freely from their farms in the country because they can make a lot more money working in the factory for a while and then bring that money back to their home.
Careful about using the b word. Good people have had forced vacations from these forums after using that very emotive word.
I wonder if when Sorkin and the rest of Hollywood are snorting cocaine off a hookers ass, they spare a thought for the people that are beheaded and skinned alive in Mexico via gang warfare. Just to bring them their precious white powder that they can stuff up their noses. I think that's a tad "opportunistic" as well.
We are all guilty for causing pain to someone else somewhere in this world. No one should be patting themselves on the back. It's a fact of life. I don't see how childish spats help things. Besides at least Cook has contributed to lifting 100's of millions of Chinese out of poverty. What the **** has Sorkin done accept character assassinate successful young entrepreneurs?
seriously?
I agree with Tim. What Sorkin said was just a desperate cheap shot from a man making a desperately bad movie about one of the most important men to ever have walked this earth.
I have no problem with what Cook said.
If someone makes a movie about your friend and they misrepresented him would you not say something about it?
Or will you just let the movie slander your friend.
its obvious that Cook and many others WHO ACTUALLY KNEW STEVE JOBS don't like the movie and don't think it reflects Jobs true self fairly.
Steve Jobs, his entire life, didn't care what anyone thought of him. He didn't care how much of an ******* he looked like as long as he achieved his goals. I think it's fair in this case.Would you like someone making a movie about your Spouse/Parent/Child a month after they passed? What about 4 years?
IMO, that is disrespectful to the deceased. Steve Jobs can't even defend his name and reputation.
"Third, if you've got a factory full of children in China assembling phones for 17 cents an hour you've got a lot of nerve calling someone else opportunistic."
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