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A strong majority of Apple's revenue comes from outside the US. If Apple is tied to US protectionism, it is precisely the sort of org that suffers. Now to be r
by llm_nerd 2y ago
A strong majority of Apple's revenue comes from outside the US. If Apple is tied to US protectionism, it is precisely the sort of org that suffers.
Now to be real, Apple has been announcing these multiple hundred billion dollar investments every four years like clockwork. They did it early in Trump's first term, they did it again early in Biden's term, now they're doing it again. But for all of the "Yeah, this is what tariffs are for! Hoo ya!" rhetoric, note that companies like Apple have far, far more to lose than what America "gains" by acts like this.
- bdangubic 2y agostrong minority you mean :) https://www.statista.com/statistics/382175/quarterly-revenue-of-apple-by-geograhical-region/ https://www.statista.com/statistics/382175/quarterly-revenue...
- llm_nerd 2y agoNo, I don't. The Americas in totality account for 42.3% of Apple's revenue. But of course "The Americas", despite the confusion of many Americans, is not only the USA, so while that is already a minority, South America is 14% of that 42.3%, then subtract Mexico and Canada...
- bdangubic 2y agoThe high revenue generated from the Americas is largely due to Apple’s strong performance in their home market, the United States. Apple has the largest market share among smartphone vendors in the U.S. by a large margin. Although international sales have a growing share of Apple’s total revenue, the U.S. still counts for around 42 percent of Apple’s net sales.
- llm_nerd 2y agoActually look at the data. That is a bullshit, erroneous summary by some lazy clown. The Americas in totality account for 42.3% of Apple sales. I mean...this is all so silly regardless. Even if the US accounted for 100% of sales in the Americas (protip - it doesn't remotely), that would STILL mean the majority is outside of the US. But in reality in US is only a fraction of Americas sales, and it's a strong majority sold elsewhere.