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what are you guys talking about, arms economy? apple has enough cash on hand to buy almost the entire 'industrial complex'. boeing (83 b), general dynamics (46
by autokad 10y ago
what are you guys talking about, arms economy? apple has enough cash on hand to buy almost the entire 'industrial complex'. boeing (83 b), general dynamics (46 b), Northrop Grumman (40 b), Lockheed Martin (80 b) - assumes these companies do solely defense work other than selling commercial jet airliners, etc.
if anything, we are living in a phone economy.
- Aelinsaar 10y agoFour companies are not "Almost the entire 'industrial complex" sorry. There is also a difference I think, between cash on hand, and total contribution to GDP, local economies, politics, etc. That's not to downplay phones, or electronic portable devices in general, but they are one of the most ubiquitous non-foodstuff around now.