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Apple has a bajillion dollars and cheats their own engineers. > Apple is the world's largest technology company by revenue, the world's largest technology comp
by carapace 4y ago
Apple has a bajillion dollars and cheats their own engineers.
> Apple is the world's largest technology company by revenue, the world's largest technology company by total assets,[454] and the world's second-largest mobile phone manufacturer after Samsung.[455][456]
> In its fiscal year ending in September 2011, Apple Inc. reported a total of $108 billion in annual revenues—a significant increase from its 2010 revenues of $65 billion—and nearly $82 billion in cash reserves.
https://en.wikipedia.org/wiki/Apple_Inc.#Finance https://en.wikipedia.org/wiki/Apple_Inc.#Finance
And then...
> In re: High-Tech Employee Antitrust Litigation (U.S. District Court, Northern District of California 11-cv-2509 [10]) is a class-action lawsuit on behalf of over 64,000 employees of Adobe, Apple Inc., Google, Intel, Intuit, Pixar and Lucasfilm (the last two are subsidiaries of Disney) against their employer alleging that their wages were repressed due to alleged agreements between their employers not to hire employees from their competitors.[11][12] The case was filed on May 4, 2011 by a former software engineer at Lucasfilm and alleges violations of California's antitrust statute, Business and Professions Code sections 16720 et seq. (the "Cartwright Act"); Business and Professions Code section 16600; and California's unfair competition law, Business and Professions Code sections 17200, et seq. Focusing on the network of connections around former Apple CEO Steve Jobs, the Complaint alleges "an interconnected web of express agreements, each with the active involvement and participation of a company under the control of Steve Jobs...and/or a company that shared at least one member of Apple's board of directors." The alleged intent of this conspiracy was "to reduce employee compensation and mobility through eliminating competition for skilled labor."
https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_Litigation#Civil_class_action https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L...
- kanbara 4y agoand that was a decade ago? what's your point? that the entire tech industry was colluding on salary and comp?
- carapace 4y ago> and that was a decade ago? And do you really think they've "seen the light" since then? > the entire tech industry was colluding on salary and comp? And BTW it pretty much was the entire tech industry, it came out in the court proceedings: "Dozens" of other major tech companies were involved. Pando Daily had good reporting but they closed but you can still read up on it through the Archive. - - - - The OP said: > Because it requires the devotion of Apple's resources to supporting non-Apple things. It will necessarily degrade certain experiences away from those that Apple would provide without the regulation. The first point (about Apple's war chest) is that they have plenty of resources. The second point (about how they conspired to cheat their own engineers despite having more money than Scrooge McDuck) is just to remind everyone that these are amoral money-grubbing bastards who will do pretty much anything they think they can get away with to make a buck. The idea that opening up their walled garden to competition will "degrade certain experiences" is laughable.