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As an ex Apple engineer, i think you're overlooking that a huge fraction of labor is robotic, and has been for at least 15 years. (even in the famous contract
by jjtheblunt 2y ago
As an ex Apple engineer, i think you're overlooking that a huge fraction of labor is robotic, and has been for at least 15 years.
(even in the famous contract manufacturers used by Apple and Dell, etc.)
The point is that what you counted as not cheap labor probably is largely capex.
- ActionHank 2y agoI think you’re overlooking that the robots require maintenance and facilities which are costlier due to labour costs which will ultimately be passed on to customers. The US market demand is already depressed. Prices go up, demand will fall further. Try to impose those prices elsewhere in the world and people will move off of apple products. Apple profits will fall, it will lead to a negative feedback loop.
- jjtheblunt 2y agoI'm not overlooking any of that. > The US market demand is already depressed. Prices go up, demand will fall further. https://www.apple.com/newsroom/2025/01/apple-reports-first-quarter-results/ https://www.apple.com/newsroom/2025/01/apple-reports-first-q... TLDR from a few weeks ago: “Today Apple is reporting our best quarter ever, with revenue of $124.3 billion, up 4 percent from a year ago,” said Tim Cook, Apple’s CEO.