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Apple Makes $1.6 Million Donation to Support Chinese Earthquake Relief Efforts
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This would have never happened if Steve was still alive.
And I'm trying to be funny and serious at the same time. Apple gets lots of criticisms for things being different under Tim than Steve.
This is an area where I'm glad they are acting different. Steve had no interest in charitable actions on Apple's part. While he was brilliant, I think the current leadership has a lot more heart than Steve did.
And I'm trying to be funny and serious at the same time. Apple gets lots of criticisms for things being different under Tim than Steve.
This is an area where I'm glad they are acting different. Steve had no interest in charitable actions on Apple's part. While he was brilliant, I think the current leadership has a lot more heart than Steve did.
So very true. Apple had absolutely no obligation to donate anything. This is not directed at Apple employees. This is for people in China who are suffering.
Many, many other companies rely just as much on China for manufacturing and no one is talking about their non-contribution, only talking about how Apple could have done more.
I for one, openly applaud Apple's generosity.
The sad thing is that this is the first I heard about this earthquake in China. The news had been so focused on Israel/Palestine and now Iraq... They don't cover things like this.
Why? China has more people, more engineers, smarter people, more conditions and incentives for the necessary facilities, etc.
Why would Apple move manufacturing to America?
Heck, move them to Portugal!
What ban? Seriously, some of you could learn how to read...
Are you talking about the ban for government employes that after all isn't a ban?
So, I stopped in to see how many silly comments people made and roll my eyes. But you already did that, so I'll go somewhere else.
You learn how to read. I did not write government employees. Go back and check it. I wrote ban on Apple products.
It's a lot for a _US company_ when the event is in a foreign country, like China. It's 1.6 million dollars more than they have to donate.
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Only 1.6 mills? That's pennies!
Yes. 160 million of them.
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In other news, math education in western countries is at a low.
Unless Apple's annual profits are now at two trillion dollars.
I can't quite see how $1.60 million would be better than $1.6 million. For the "one minute", see comment above.
Manufacturing I can return back to America if companies can see positive marginal costs versus producing in another country.
..We've seen, to some degree, manufacturing return back to America, but it hasn't affected employment as much as most think. The truth is manufacturing, especially for high-tech goods are now largely automated, and thus highly efficient. Those being employed are pHD level engineers, programmers, etc.
Actually I'm waiting for the analysts to start rumors that the iPhone and iPad launch are going to be delayed because of the earthquake.
Why should they have to. Foxconn has something like 73 major clients. Clients who could all donate something to help the country that makes the products that make them money. Perhaps we should be asking why it seems that only Apple has donated anything. What about all those other companies that rely on Chinese manufacturing.
Of course this is motivated by profit! I didn't hear Apple made any donations to Bosnia and Serbia after the recent floods, although they need help more than China... why? Small countries with no Apple Stores...
Don't be naive... Tom Cook cares about China as I care about your comments that will come after my post...
Don't be naive... Tom Cook cares about China as I care about your comments that will come after my post...
You also have to consider cost of living. In a county where gas is a good $2 a gallon in the cheapest areas and a house is at least $200k to build sure it's not a lot. But we have often discussed that the average Chinese person can get by on a fraction of what we do. That our minimum wage would be like riches to most of them because costs are simply way lower.
Here we go again: damned if you do, damned if you don't, damned if you do but don't publicise it.
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The shareholders might have had more of an issue with $16m...
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The shareholders might have had more of an issue with $16m...
It was less that he had no interest and more that he didn't feel he had a right. After all in a sense it's the shareholders money. Who was he to decide which things they should be supporting.
As for the lack of heart comment, we don't know what he did with his own money. He might have been donating millions to all sorts of things. But in keeping with the Buddhist tenet that one doesn't announce their charity, he didn't have his name put on things etc
Good thing there are money making companies like Apple that can and choose to make such donations.
