Agreed, thats a pretty terrifying pie graph for a tech company.
It's not as bad as Google where almost all of their profits come from their search engine. Now, that's a one trick pony.
Agreed, thats a pretty terrifying pie graph for a tech company.
Didn't the Soviet Union and China, around 5 or 7 decades ago, force factory owners to give all their profits back? IIRC, 10's of millions in those regions died of starvation during that forced "give back". (Far more than in the U.S. during that same period.) And you want to try that again?
This is true. No-one should pay more tax than they have to.
But what a shame that the US's investment in educating all the bright people that work at Apple isn't resulting in a massive repayment. Bumper profits but minimal tax payments. And how many people do Apple actually employ in the US? Most of the people earning from Apple and paying tax on their earnings live elsewhere.
I'd be amazed if any American is truly happy with this set-up (apart from any Apple shareholders, of course).
Then how do you explain Windows and Linux, where the most closed platform is by and far winning and the most open platform is by and far losing?
You should google how many USA people Apple employs! It's over 50,000. How many jobs does Apple create in the USA in the form of spinoffs? maybe over 500,000!
What you say about people paying taxes on their earnings above - I disagree
You seem to resent success and profit for no good reason.
Take pride in Apple - It's an American Company that is doing a lot more good than you may even know about. Research and compare with other companies and compare the ethics if you want.
Find something else to be negative about haha - I guess there isn't much after this record breaking quarter.
On a Happier Note:
Just wait a day or two when the big fund managers realize that the only way to improve their massive portfolios is to include more AAPL in their billions of holdings. The empty headed suits take a while to filter this stuff, but the tsunami of AAPL orders is coming! How else can these managers beat the S&P500 for their pension funds?
This is true. No-one should pay more tax than they have to.
But what a shame that the US's investment in educating all the bright people that work at Apple isn't resulting in a massive repayment. Bumper profits but minimal tax payments. And how many people do Apple actually employ in the US? Most of the people earning from Apple and paying tax on their earnings live elsewhere.
I'd be amazed if any American is truly happy with this set-up (apart from any Apple shareholders, of course).
They haven't been updated in a while, and the Music portion of Apple's business was hardly mentioned last year. However, we know about Beats. Let's wait until the Beats Music re-unveiling, there might be new iPods/a sign of where the iPod is going then.
Yes, I forgot about the Beats acquisition. You might be right . the Beats acquisition could potentially lead to a revitalized line of Apple music-oriented devices. /QUOTE]
Such as?
The iPod is dying, the phone is the device for music listening. I don't get the Beat acquisition, and it still doesn't make sense to me.
Wow, Apple fans have at last realised the benefits of a phablet and ditched their iPads
Interesting how most of the sales boosts came from China which is the market Apple have only just entered into, and yeap, pretty much as posters have said on here, Apple is just an iOS phone company and nothing else now.
Definitely. Having stuff smaller and lighter is all very well, but they could do so much more if they wanted. I don't know much about business, but is it not quite risky to just churn out the same half dozen products each year just with some minor updates?
What amazing stuff does Google churn out every year that actually makes them money? Music subscriptions on YouTube? Wow that's some mind blowing stuff there.
Wow, Apple fans have at last realised the benefits of a phablet and ditched their iPads
Interesting how most of the sales boosts came from China which is the market Apple have only just entered into, and yeap, pretty much as posters have said on here, Apple is just an iOS phone company and nothing else now.
Google X
Google Labs
Google Research
Apple makes HW Google is a SW company they're really hard to compare. Google does stuff just because, Apple stays focused on their products. Both in some sense push things forward but someone has to do the baseline research.
It's called wages and benefits and stock options. They do.What's wrong with sharing wealth with the workforce and those who helped create it?
I'm talking specifically about stuff that generates revenue/profits for Google. Whether Apple should be involved in moonshots or have an equivalent to Google X is another discussion.
Well, personally, I think it's shameful that a company chooses to make so much profit. And even more disgusting that they choose to build further on their $180bn (is that right?) cash pile and continue to employ tax avoidance schemes.
It makes me ashamed to own a Mac knowing that I've added to it.
There are many ways to label Apples greed, but there's no hiding it. I'm all for profit making and success but Apple does tend to charge very high prices for products that have ceased living up to Apples once excellent reputation. It's shame they get away with shipping buggy stuff.
Didn't the Soviet Union and China, around 5 or 7 decades ago, force factory owners to give all their profits back? IIRC, 10's of millions in those regions died of starvation during that forced "give back". (Far more than in the U.S. during that same period.) And you want to try that again?
So it was "insanely great"?Article/Cook said:Still have merchants in the US, but have to tell you that given that we launched in October, I'm unbelievably positively shocked at how many merchants were able to implement Apple Pay in the heart of their holiday season.
If no one does baseline research then products can't be made to make money. The research is the other side of the money making product coin.
This is true. No-one should pay more tax than they have to.
But what a shame that the US's investment in educating all the bright people that work at Apple isn't resulting in a massive repayment. Bumper profits but minimal tax payments. And how many people do Apple actually employ in the US? Most of the people earning from Apple and paying tax on their earnings live elsewhere.
I'd be amazed if any American is truly happy with this set-up (apart from any Apple shareholders, of course).
The majority of Google's revenue is from advertising. How is Google X or Google Research driving more ad revenue?
You mis-interpret me. I'm not butt hurt about it at all. In fact my butt feels just dandy. Please leave my butt out of this discussion.
My original comment was simply an insightful observation about the changing nature of Apple's sales and financials.
My comment was similar to how Ford and GM are primarily pension companies with an auto business on the side. After many decades giving out fat pensions to union workers, each year the Detroit automakers pay out more money to retired worker pensions than they spend in capital investment to build factories, design products, etc, combined. For example, in 2013 Ford's worldwide net income was $5.5 Billion, and last year Ford's pension fund was under-funded by $18.7 Billion.
Yes, I forgot about the Beats acquisition. You might be right . the Beats acquisition could potentially lead to a revitalized line of Apple music-oriented devices.
However, my gut feeling is that the Beats acquisition had little to do with audio hardware (Apple doesn't really care about those silly headphones). It had mostly to do with software, content, and talent from the Beats company (i.e. the goal is to make iTunes more competitive).
I hope that you are right, nevertheless.
Nope, a music oriented service.Beats acquisition could potentially lead to a revitalized line of Apple music-oriented devices.
How is it trickier to get money from one search engine than from one phone?It's not as bad as Google where almost all of their profits come from their search engine. Now, that's a one trick pony.