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Apple's market cap has increased almost 4000% since the release of the iphone. What have the contributed to society since then, nicer iphones? A watch that's
by CuriouslyC 3y ago
Apple's market cap has increased almost 4000% since the release of the iphone. What have the contributed to society since then, nicer iphones? A watch that's mostly a clunky status symbol for affluent techies? Hyper-expensive VR goggles used by nobody? It doesn't seem like allowing that unchecked growth has really paid off in terms of benefit to society. I think taxes that greatly reduced that growth would have paid for countless hospitals, scholarships, aid to the poor, etc.
- Apocryphon 3y agoThey financed Scorsese’s new picture
- Invictus0 3y agoWhen the iPhone was released, Apple had sold 0 iPhones. Since then, Apple has sold over 1.5 billion iPhones. Your position is that Apple produces no value for society?
- CuriouslyC 3y agoIf apple stopped existing shortly after android phones became available, everyone would just be using android phones now and the tears would be long in the past.
- imiric 3y agoYou're ignoring the amount of their products used by professionals. Apple is the dominant brand in media production and IT alone, and its role in powering these fields is unquantifiable. I don't use Apple products, and the fact corporations abuse legal loop holes to evade taxes sickens me, but it's a huge leap to claim a company like Apple hasn't made substantial contributions to society.