I agree. And when you have something coherent to say I'm sure this will be proven.Sarcasm doesn't make up for the lack of reading comprehension.
I agree. And when you have something coherent to say I'm sure this will be proven.Sarcasm doesn't make up for the lack of reading comprehension.
Hopefully the tax holiday you want turns out better than the last one a few years ago....And if they get the tax holiday, they can then aggressively invest that money in new infrastructure, stores, product development etc.
Congress should not endorse another big tax break for overseas corporate profits because the last one in 2004-2005 was a costly failure, said U.S. congressional investigators in a report released on Monday.
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The subcommittee's report found that the last repatriation tax holiday cost the Treasury at least $3.3 billion in net revenue lost over ten years and that it "produced no appreciable increase in U.S. jobs or domestic investment, and led to U.S. corporations directing more funds offshore."
If money grew on trees it wouldn't be such a big deal that companies stashed money in select tax havens instead of paying taxes on it, but, hey, only the little people pay taxes, right?This issue will always be a point of contention between those who understand how real economics works, and those who think money grows on trees.
Uh, forget MS--we need to focus on Apple's self-serving publicity stunt that MS would never do!
MS releases their paid job studies, so they can be examined for mistakes. Is there a link on Apple's website for the study they paid for? Thanks!
Speaking of other companies, this skeptical article in the Financial Press points out that Apple isn't subtracting out the negative job effects it has caused:
The author notes that Apple's success has caused decreasing jobs related to competing products. E.g. How many RIM sales, support and programmer jobs in the US have been lost because of Apple? How many Windows Mobile or Win CE related jobs?
Perhaps it's just a wash. Perhaps RIM and WM programmers moved over to iOS and Android, and we've basically kept the same number. Dunno. Interesting question.
and I nicely"What if Microsoft ever attempted to claim "they" have created millions of jobs - just because millions are employed in the Windows software development ecosystem. They would be called out as luddites.
and I nicelydirected them to exactly what they claimed didn't exist.
That's the only purpose of that post.
Am I being counted as one of the 210K people in app development?
Because I consider myself unemployed right now and am looking for a job. iOS is a fun hobby that happens to bring in about $10/day; it's no where near enough to sustain me.
Apple is one of the few U.S. companies that have been actually adding stores and adding jobs since the 2008 recession hit. Most have been closing stores and furiously laying off people up until recently. Props to Apple on that.
...And if they get the tax holiday, they can then aggressively invest that money in new infrastructure, stores, product development etc.
Anyone who owns a business for more than one day understands that businesses do not pay taxes. They write the check for taxes--and then they pass them on to their customers built in to the price of their products and services.
That doesn't mean that a CEO or other high level exec doesn't pay taxes on their own income, that's not the issue here. It's the corporate entity. Apple is doing quite well as it stands. They aren't in fact using that money for anything. It's literally just sitting there waiting to be brought home. If the current administration isn't capable of doing the simple math required to justify welcoming these billions of dollars into our economy, then the next one will. Apple knows this, as does every other large corporation that is doing the same thing.
Investors want a dividend right? Well, in order to pay one in the US, the company needs to bring the money home first. That means they'll pay an arm and a leg in taxes before a dividend can be distributed. That will equate to a massive devaluation of the company's cash holdings and the dividend would be reduced--if even still a viable option.
This issue will always be a point of contention between those who understand how real economics works, and those who think money grows on trees.
Just because the US doesn't manufacture anything anymore, doesn't mean you couldn't do it very successfully even with 'high' labor costs. Ever been to Germany?
Am I being counted as one of the 210K people in app development?
Because I consider myself unemployed right now and am looking for a job. iOS is a fun hobby that happens to bring in about $10/day; it's no where near enough to sustain me.
Talk to a farmer.
farmer |ˈfɑrmər|
noun
1 a person who is asked to feed the world yet paid less than it costs to feed his family
I see Apple's cash balance and their off shore production situation as protection from an extremely fast moving industry.
Having all that manufacturing done in the US by hundreds of thousands of workers would kill apple if iphones and ipads suddenly stopped selling.
They would be in the same position that GM were in. You cant just wind down the staff you have if their your employees.
In the scenario that iphones and ipads arent as popular anymore Apple just amend the contracts with foxconn and cut down there production without having to deal with employment law and redundencies that companies like GM have to.
The tech industry moves far faster than the car industry (look at RIM and Nokia and how quickly they fell) so having their own assembly line workers would be bad news.
Finally, I'm sure that if there was a company like Foxxconn in the USA with the ability to guarantee millions of products built on time, Apple would use them. In fact so would Dell and Microsoft. The fact is there isn't a foxconn over here and its not apple's responsiblity or expertise to be a foxconn.
I'm sure apple isnt averse to having its products built in any particular company (Brazil have just started their plant) but its up to the US government and private investors to make such a firm like "foxconn usa".
It really is unfair to single out Apple for doing business in exactly the same way as everyone else in their field, simply because they are more succesfull than everyone else. Any journalist mentioning Apple in any negative consumer electronic manafucturing stories should make sure that Apple share the headline with MS, Sony, Samsung, Dell, Asus etc.. Otherwise the story is just crap.
That is what I would expect from such calculations. It is to show how important an industry, a company or a product is for the ecenomy.What if Microsoft ever attempted to claim "they" have created millions of jobs - just because millions are employed in the Windows software development ecosystem. They would be called out as luddites.
They will create same 514,000 more jobs if they bring back those manufacturing jobs sent to China by them.
With that kind of mentality it's going to be a very common wage (adjusted for inflation) in 10 years from now as well. Enjoy how good you have it then and keep spitting on people who actually give a crap instead of those who have bullied you into these conditions...![]()
I wonder if any of the workers in China get thousands of $$ in subsidies like the US farmers. And last time I checked, the crops weren't exactly picked by hand. This isn't 1850 anymore.
Minimum wage in the US is $7 an hour. I make $10/day programming, or $70 a week. Thus it's the equivalent of working a minimum wage job 10 hours a week. To be equal to a full time minimum wage job, I'd need to be making at least 3 times as much as I do. Not up to a minimum wage, full time job means I'm unemployed by most standards, I think.
Are people still worry about their jobs or getting jobs, really pathetic. Have yet to be unemployed, get your lazy self and upgrade your skill in real careers and knowledge and stop taking those Psychology classes.![]()
Make a good APP then? I mean JESUS CHRIST people... and i'm not just attacking you dude... but attacking the attitude...
"Hobby that happens to bring in"
Like we are placing BLAME on iOS?? If you make a great app, people are going to buy it, PERIOD.
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To be fair it's now a multi-national...
Why should all or even more jobs be in the USA? I'm actually quite annoyed that all the testing goes on in the USA because it prevents Apple from finding certain issues with "international" machines.
They have NEVER, and will NEVER fix the widespread international Wi-Fi issue. Try buying a Mac in Australia, bringing it to the USA (the Wi-Fi branding INSTANTLY changes to USA... hard coded into the memory!) take it to Japan for 5 years... then come back to Australia where channels 12 and 13 are not only legal, they're ESSENTIAL!!!!
There is no way to change your internal Airport back to "Australian"... so mine's now as if I'd bought it in the USA. Testing will never admit/find this issue (although they admit it is 100% likely due to US + Japanese laws banning channel 12 & 13) because all the Wi-Fi testers are in Cupertino.
Consequently I don't take my computer and Airport Express to the USA or Japan anymore (although I own property in all 3 countries and travel regularly) becaaaaaause travel has broken the internal Wi-Fi cards on a LOT of my MBSs.
Bring more jobs to Australia!!! Not because our economy needs them, but because it will improve the testing & bug fixing!!!!