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What happened? Did apple simultaneously fire all of it's hardware team along with it's QA dept? (we know the 2nd one happened). I love apple, but it feels lik
by zionic 9y ago
What happened?
Did apple simultaneously fire all of it's hardware team along with it's QA dept? (we know the 2nd one happened).
I love apple, but it feels like they have a CEO who's running it in "latter years" mode. Zero risk, minimize cost everywhere, maximize profit even if it results in absurd cash piles...
This is what you get when bean counters run tech companies.
- al452 9y agoI kind of agree, but feel a need to point out that the "absurd cash piles" are a byproduct of tax rules, not of (alleged) timidity on the part of Cook et al.
- hsitz 9y agoWhat tax rule are you talking about? The cash in the "absurd pile" has already been taxed as income.
- deleted 9y ago[deleted]
- downrightmike 9y agoUS corp taxes in general
- wahern 9y agoIt's a stretch to say that it's a byproduct of tax rules. It's more a product of avoiding taxes, period. Apple could repatriate its overseas profits at any time. It would have to pay taxes on those profits, yes, but that would be no different than their domestic profits. Apple would be able to deduct foreign taxes, including foreign VAT payments[1], which would put their foreign profits in parity with their domestic profits in terms of tax burden. [1] Unlike foreign income you can't take a credit on VAT payments. But VAT payments are deductible like any other business expense. Because corporations are taxed at a fixed percentage (no progressive income brackets), it's a distinction without a difference.
- FussyZeus 9y agoI have to agree. Mac has for years now felt like a redheaded stepchild at Apple, and the loss of the dedicated Mac development team at Apple sent the message loud and clear: Tim Cook doesn't give a fuck about the Mac.
- tambourine_man 9y agoZero risk? I wish they were more cautious and orthodox sometimes. Vide Mac Pro, Final Cut Pro X, TouchBar. Just give me a faster version of the previous one, don't reinvent every category every decade or so. Because sometimes they manage to, but others they just screw up (like everyone else).
- deleted 9y ago[deleted]
- robertlagrant 9y ago"This is what you get when bean counters run tech companies." Yeah, letting the COO be CEO isn't necessarily a good idea in a tech company.