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Weigh that with times that they pay in advance. It's a case by case bases and I'm sure they're not late with payments. If they wait as long as 90 days, I bet it
by MichaelApproved 15y ago
Weigh that with times that they pay in advance. It's a case by case bases and I'm sure they're not late with payments. If they wait as long as 90 days, I bet it's because that was part of the business agreement they made with the manufacturer.
- tripzilch 15y agoUm, no that's not how it goes. Paying late in manufacturing is all over the place, 30 days is considered acceptable, 60 the absolute limit, but paying 90 days late is just something Apple can get away with because of it's size and "occasional ruthlessness".
- screwt 15y agoIt's not paying 90 days 'late'. It's completely standard in manufacturing for payments to be agreed as due 30, 60 or 90 days after delivery. 90 days fairly long, but not particularly unusual. It's also not unusual for companies to pay later than the agreed dates, but no-one has said Apple's doing that.
- asmithmd1 15y agoI would bet that 90 day payment was a one off. You notice NO ONE quoted in the article was willing to have their name used so it might have been a friend of a friend story. The suppliers who talked gave details about turning down a $1 Billion pre-payment!
- Tangurena 15y agoI disagree for 2 reasons. First, Apple is notorious with NDAs. Second, many large retailers are quite willing to cancel contracts with any supplier that gets uppity enough to complain in public. Walmart is so notorious for cancelling suppliers that most Walmart suppliers will refuse to allow any company representative speak on the record.
- deleted 15y ago[deleted]
- viscanti 15y ago90 days is pretty standard. Some companies offer a discount if accounts are paid early. There's no indication that's the case here, so Apple is likely paying when they're supposed to.