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JoeAlpha100 wrote: The kek problem is not the workers working overtime too much. It is Apple and Foxccon who squeezed the OEM margin too low and Apple’s profit
by stewie2 15y ago
JoeAlpha100 wrote:
The kek problem is not the workers working overtime too much. It is Apple and Foxccon who squeezed the OEM margin too low and Apple’s profit margin unreasonably high.
The iPhone price could remain unchange and Chinese works earn $1 more per hour, if Apple cuts its profit margin from 33% to 32%.
A 33% or 30% profit margin is already too bloody.