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Apple barely make the product. Look at the margins of all their suppliers. That fat line showing about $200b of cogs is filled with low margin businesses - the
by danielmarkbruce 1y ago
Apple barely make the product. Look at the margins of all their suppliers. That fat line showing about $200b of cogs is filled with low margin businesses - the vast majority of the world is not some outlier like Apple.
Gotta look more than one layer deep financial statement guy. People who actually read a lot of financial statements have looked at a looooot more than the ones of the names on TV.
- sofixa 1y agoThe topic of this conversation is BNSF and their ilk, I just threw Apple as a fun "you're even more wrong with your anecdote than with your main statement". What's your excuse for them abusing their employees? Why can't they afford to provide sick leave for their employees when not only do they have billions of net profit every year, many other railways around the world in the same type of business manage to do that and be profitable.
- danielmarkbruce 1y agoYou edited your comments... could you be more disingenuous?
- sofixa 1y agoNo answer, good to know you agree that companies like BNSF have the money to have basic human decency and empathy towards their employees. Yes, I edited my comment to add more data points when I collected them.