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Money = Power. Why would Apple allow this breaking up? Its naive to think otherwise, see what is happening in South Korea with Samsung accounting for like 25% o
by trap_goes_hot 4y ago
Money = Power. Why would Apple allow this breaking up? Its naive to think otherwise, see what is happening in South Korea with Samsung accounting for like 25% of the economy. They're untouchable in South Korea.
- lofaszvanitt 4y agoThat is an umbrella of 15+ companies in multiple segments of the market.
- trap_goes_hot 4y agoYes, that structure is complex by-design. Its to do with inheritance taxes, and the family trying to maintain control via holding companies. https://www.bbc.com/news/world-us-canada-62501514 https://www.bbc.com/news/world-us-canada-62501514 Apple has a somewhat complicated (though common for large US corporations) structure too. https://www.businessinsider.com/apple-subsidiaries-are-named-for-apples-2016-8 https://www.businessinsider.com/apple-subsidiaries-are-named... https://www.wired.com/2016/08/apple-rest-silicon-valley-avoids-tax-man/ https://www.wired.com/2016/08/apple-rest-silicon-valley-avoi...