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I think you can see something pretty hinky right there in the article where they tout a massive $350 billion investment being made and then reveal that's actual
by benologist 7y ago
I think you can see something pretty hinky right there in the article where they tout a massive $350 billion investment being made and then reveal that's actually what they intend to pay their suppliers for goods and services. They call $60 billion paid to suppliers last year an investment in those companies.
Another thing that is odd is that's about how much tax they are withholding from the US until a lower tax-rate can be forced.
One thing very strange is how the EU had to take them to court again and again and again to get them to stop advertising a one year warranty to upsell Applecare while the law compelled them to provide two.
How they have responded to hardware flaws in recent years - bent iPads, delicate cables, the keyboards etc has been a travesty - none of these problems triggered a replacement program until Apple had downplayed and dismissed the problem. Except exploding batteries they couldn't dodge liability for. I think the final verdict on bent iPads was you accept a warped tablet.
I think they are really struggling with honesty and ethics in some ways.
https://fortune.com/2018/01/18/apple-overseas-cash-repatriation-gop-tax-plan/ https://fortune.com/2018/01/18/apple-overseas-cash-repatriat...
https://www.nytimes.com/2017/11/06/world/apple-taxes-jersey.html https://www.nytimes.com/2017/11/06/world/apple-taxes-jersey....