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Posts by bwik

if I had a successful little company earning $10 million / year, with say 5 employees, you better believe the government will expect a share of my money.  What's unfair is, if I make $10 billion / year, I can afford a white shoe tax engineer law firm (roughly $50 million/yr)  to stonewash my tax bill down to zero percent.  That's WRONG!!  Megacorps should not have this advantage over small business.   The solution is to eliminate corporate tax and concentrate on...
Unfortunately the Communist NYT and NPR political theories don't result in happy Chinese factory workers.  These workers prefer capitalism.
Apple should have been less conservative with _past_ guidance.  Past growth is not future growth.   There are only so many affluent humans on the globe.  Apple has reached them.  In the next 10 years, many of them will sour on Apple.  Many more will stay loyal Apple customers.     Growth, by definition, ends, particularly when you are on top of a global market.  iPad sales will be discontinued someday, once Apple is out of favor.  This might be 2040 or it might be...
You are right to say that. We don't know. But, I do not understand the suggestion that Apple is definitely "innovative" and its track record should be expected to continue steadily. Steve personally commissioned all of Apple's current signature products. It is the tech business. In 5 years, Apple's current products will be irrelevant. ExxonMobil's product line will be very relevant in 2017. Apple now is valued like a sustainable pillar of global business. But sony...
What possible justification can Sony have to employ thousands of people? They sell generic electronic products. The danger with companies is they get run for the employee's benefit not the shareholders (who are widows and orphans trying to pay for their mortgage too, in many cases). Sony has been trading on its old brand equity for years. Employees have been paid without delivering value to the customer. Sony could purchase generic electronics (and often does) and...
I agree. Corporate structure dictates cost cutting and design-by-consensus. The personal clout of Steve was the only reason Apple was able to build the iPad or iPhone. Both of which were, according to market journalists at the time, stupid products. Apple won't be producing things so innovative that they appear "stupid" to the marketplace and then suddenly rocket up to 10s of millions of sales. Reminder, this was in 2010 when the iPad required Steve's personal clout...
Fantastic, I am glad they finally fixed Java's security flaws in the Mac OS X implementation, monthly for the last ten or twelve years.
How myopic. There are billions of people suffering in the world (these factory workers are relatively affluent). They make 10 dollars a day or more. Way more than most people in the world do. We all "deserve" to make more money, but this Apple wage thing is just a random fixation of flinty journalists who are blessedly naive about how resources are allocated in this world, and why. And, why capitalism is better than communism, in purely humanitarian terms.
The thing I worry about is ignoramus liberal arts majors who oppose profit might actually sacrifice Apple to their god. In their minds, companies that make a profit should be stopped. Only unprofitable companies should be allowed. Also, they oppose poor people striving and working overtime. Instead, these "labor activists" believe poor people should not be employed at low wages. Instead, they should be given aid and live as prisoners who are forced to worship...
A buyback at $600 a share for AAPL would be totally asinine. The buyback, if ever, should have occurred 4-5 years ago. The power of it would have been multiplied. To do it now is pathetic.
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