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considering the heap of money Apple sits on they could just as well leave China. The WTO certainly doesn't hold much sway over China and saying Tim Cook is forc
by Shivetya 9y ago
considering the heap of money Apple sits on they could just as well leave China. The WTO certainly doesn't hold much sway over China and saying Tim Cook is forced is nonsense, Apple is doing this for money and to hell with any "moral" positions they have, money comes first.
So either we accept that they are governed by the dollar or not. Their values only matter in countries where they can take a non risk stand.
- kercker 9y agoWhat do you mean by 'leave China'? Do you mean it stops selling its products in China? Or stop assembling iPhones in China? Or both? According to this page (https://www.macworld.co.uk/feature/apple/where-are-apple-products-made-3633832/ https://www.macworld.co.uk/feature/apple/where-are-apple-pro...), 'the assembly of Apple's devices is for the most part done in China'. If Apple leaves China suddenly, I don't think it can build that large an assembly line quickly to satisfy the global demand of iPhones. And according this document (https://www.apple.com/newsroom/pdfs/fy17-q4/Q4FY17DataSummary.pdf https://www.apple.com/newsroom/pdfs/fy17-q4/Q4FY17DataSummar...), half of Apple's Q4 2017 revenue come from iPhone. So, if the supply of iPhones is greatly reduced, the cash Apple sits on will quickly run out. Then Apple will be in great trouble.
- theshrike79 9y agoBuilding the actual assembly line is the least of their problems, it's just money and Apple has it by the truckload. The bigger issue is finding enough skilled people for the factories, China is pretty much the only place in the world with enough trained workers in the scale that Apple needs them.