Foxconn Investing $1.1 Billion to Boost iPhone Production Capabilities

[OatmealRocks]

Can we stop investing in China???! Come on Apple!

Can you read? Apparently not. Who's investing in China? Foxconn duh..

 

[Navdakilla]

everyday they are hustlin'

gotta make that profit somehow right

 

[stabsteer]

Keep production costs down? Apple is one of the most valuable companies in the world because of how much profit they take from each item. Greed is what keeps them and other companies in China. Popularity will sell products. I'll pay and extra $100 for an iPad if they boost our economy and give my unemployed friend a job.

I could not ***** agree more!

American companies send jobs overseas for cheap labor, that they then pay no taxes on, pay themselves bonuses in the millions, then invest the other Billions (how much cash does Apple have in hand again? $60 billion or some stupid ****)

And then they use a few hundred million extra to lobby (bribe) our politicians...

America is an ***** joke. The rich are screwing over the entire country for greed. Period. And until the 99% occupy movement is really at 99% of the country it will just keep on happening.

I love Apple products but they are no better than any other company at screwing over Americas for greed.

Apple could bring all those jobs home and still make billions. In fact, people would support the hell out of them even more for it. Maybe they could make a few billion less but they would still be raking in the freaking money.

The idea that American companies would need to raise prices onto consumers (which is what they actually do) is freaking stupid. No they don't need to raise the prices for consumers, they need to pay the CEOs and board members less than half of the ridiculous salaries and bonuses they get.

All these American companies would still make tons of money and the American people would be making more to buy their crap from the jobs they would actually have HERE in America. Jobs for people that pay money=money to buy your crap you idiots.

The 100% bought and paid for GOP as well as all of congress needs to get it's head out of it's ass and MAKE these companies either bring the jobs home or tax the **** out of them if they send the jobs overseas. The rich have had their time screwing over the planet. Their time is done. The only way to turn this country around is to create a strong middle class, and the filthy rich are doing everything possible to stop this from happening.

 

[stabsteer]

They teamed up with Samsung to build an entire factory in Texas, they higher engineers almost daily and scores of others.

As to that $100 extra, you may be willing to pay that much but most aren't. Further the difference is likely to be far more than $100.

As to your friend, sorry about this but screw him. Nobody should be given a job they need to earn it just like the rest of us. I have little tolerance for the give me, give me folks of the world.

Of course you Repubs have no tolerance for the 'give me people of the world' and of course you also can't spell; it's 'hire' BTW...

 

[stabsteer]

Everyone hates the oil companies even if they do pay good wages.

I once had a long discussion about this with a friend in business. It comes down to need vs want. If you are in the business of selling things that people need, lawn mowers for example, don't expect much respect or high prices. If you sell something people want riding lawn mowers with all the fancy stuff high profit and respect come.

The funny thing is the oil companies don't make a huge profit on what they sell. The problem is many need the gas or whatever so see the expense as evil no matter how much it costs. Since the expense is evil the companies associated with it must be evil.

Apple on the other hand almost exclusively sells things people want. Since people don't generally see themselves as evil they can't associate a company that sells something they want or desire with evil. So instead companies get defended because attacks on the company are seen by the people wanting that product as attacks on them and their desires. So yeah a free ride because believe it or not politicians aren't that dumb and don't want the grief of going after a company with a positive public image.

Uh, did you just say oil companies don't make any money? For real?! You have to be joking right?

http://www.mediaite.com/online/oil-...e-charging-more-for-gas-its-good-for-america/

 

[stabsteer]

It's funny because Samsung is manufacturing their products in Korea, Apple are very greedy..

Samsung and the Korean government are basically the same thing. Samsung might as well BE Korea.

 

[RyanR.]

Much like Steve Jobs told President Obama. The reason items would cost so much more being made in the USA is taxes. I'm not saying there would not be a price increase with out this, but taxes are ridiculous. We Americans are taxed like crazy and don't say a word about it. If we do we say it under our breath.

 

[stabsteer]

Much like Steve Jobs told President Obama. The reason items would cost so much more being made in the USA is taxes. I'm not saying there would not be a price increase with out this, but taxes are ridiculous. We Americans are taxed like crazy and don't say a word about it. If we do we say it under our breath.

Just so you know most American companies pay little to no taxes. They aren't like you and me. They know the best lawyers and accountants money can buy. They pretend their businesses are setup off shore and they actually MAKE money from the government.

http://www.huffingtonpost.com/2011/11/03/major-corporations-tax-subsidies_n_1073548.html

http://www.nytimes.com/2011/11/03/business/280-big-public-firms-paid-little-us-tax-study-finds.html

http://news.yahoo.com/thirty-companies-paid-no-u-income-tax-08-165035916.html

http://www.good.is/post/how-american-corporations-pay-no-taxes-in-2010/

They just keep the money for themselves after sending all the jobs overseas and then lobby the government. There are thousands of articles just like this. Research it. You may be joining the occupy movement soon...

 

[OatmealRocks]

Just so you know most American companies pay little to no taxes. They aren't like you and me. They know the best lawyers and accountants money can buy. They pretend their businesses are setup off shore and they actually MAKE money from the government. blah blah

Yep I hear ya.. It is such a complex issue and personally I would be torn. Are we to be more mad at the government and how policy & lobbyist have changed the landscape so much on how business can and be allowed to run? or Would it be easy to just throw a dart on the wall pick a corporation doing what they are allowed to? or Pick a company have some unethical or illegal track record that is inline with the NEWS of the "day"?

I find it comical based on some of the posts which always boils down to: "Build in America" or "They are stealing all of our jarrbbs" (jobs) and thinking this will be an easy solution for all of the problems. It is much more complex than that but really it is just a bunch of people that are spreading BS properganda (believing it themselves) and being extremely biased/prejudice/ignorant but using their coined terms of "Build in America" and F!@# China or whatever as an excuse to align their views so the don't appear to be anything but biased, prejudice and ignorant. Seriously maybe you don't see it but your views are just coming from HATE and you are using whatever excuse you have to justify it. Sad.

It is also funny they want their cake and eat it too in terms of buying Apple products but yet Apple and really any other American corporation have been doing these business practice since instantiation. Why wouldn't they? They are allowed to. These people have such e-moral high horse but really are you like this in real life? Look at yourself do you really have such high ethical standards? (NO!) If you are going to spread such nonsense I am willing to bet in life you are very different. What do I mean? While you come on here or anything other forum with your e-morals, everyday in some way or another support some American corporations which do the very thing you are against. If you did have such unrealistic standards, you would basically be wearing hemp clothing, walking in your bare feet and growing your own food.

Just stop with the ignorance.