China starts approving copies (although not all products are copies). Why am I not surprized? Did we forget the name of country? People's repoublic of China... I still do not getbusiness with country ridden by communist priniciples pretending free market.
Keep in mind that despite the good that Snowden has done by exposing unconstitutional and illegal acts in our own country, there are no Snowdens in Russia or China or North Korea or Iran.
Considering that most would claim we are at war and wholeheartedly supported any and all efforts when Bush appeared to be calling the shots, are the same people who think Snowden is a hero now, but would have called him a traitor and applaud at is execution for these same actions. Keep the in mind Snowden didn't have an issue before it was a Democrat calling the shots. I'm willing to bet that the GOP promised him a pardon and much more if he help the get the white house back.
Keep in mind that despite the good that Snowden has done by exposing unconstitutional and illegal acts in our own country, there are no Snowdens in Russia or China or North Korea or Iran.
Yeah, but they're also not thumping their chests boasting about all the great values of freedom and liberty that they espouse. Some would say that they're less hypocritical.
China has blacklisted Apple and a number of other big name U.S. technology brands... The change is thought to be motivated by concerns over Western cybersurveillance operations.
...
This should probably read 'The change is thought to be motivated by concerns over Western counter-cybersurveillance operations.'
Considering that most would claim we are at war and wholeheartedly supported any and all efforts when Bush appeared to be calling the shots, are the same people who think Snowden is a hero now, but would have called him a traitor and applaud at is execution for these same actions. Keep the in mind Snowden didn't have an issue before it was a Democrat calling the shots. I'm willing to bet that the GOP promised him a pardon and much more if he help the get the white house back.
Actually, in recent public polling a slim majority of Americans consider Snowden a traitor. This is not a complete surprise, but it's a disappointment that people continue to hold a "my country right or wrong" attitude. Constitutional violations committed for any reason are very, very concerning and under a scenario where we had a better educated public "watching the watchmen" I'd expect the public would have already demanded changes or they'd be in full on revolution by now.
Somehow, some way, Apple needs to figure out how to move its manufacturing out of China. Maybe the loss of hundreds of thousands of jobs will get somebody’s attention. Could this blacklisting have a negative effect on overall sales in China and therefore cause Apple to cut back production and eliminate jobs too?
China and the Untied States are playing some kind of chess game and American companies are getting hurt in the crossfire.
My post was, okay, facetious. National security cuts both ways.
Not to beat it to death at all, but I honestly do wonder sometimes about what exactly it is that we're 'securing' if and when we give up on some of our basic values. Perhaps it's a naive view.
China and the Untied States are playing some kind of chess game and American companies are getting hurt in the crossfire.
When close to a fifth of Apple's revenues and it's fastest growth, by far, is coming from that country, it seems a bit odd to suggest that the company is 'getting hurt'.
PS: 'Untied' States is perhaps not a bad description!
Oh My! This is going to be headline news on Marketwatch and CNBC tomorrow and they will be all over it. Apple shares are going to to take a 20% hit tomorrow
</s>
Maybe not 20% but it WILL be an excuse to punish the stock. Manipulators live for stuff like this to drive down the price so they can start buying.
...Apple needs to ... move its manufacturing out of China.... the loss of hundreds of thousands of jobs will get somebody’s attention.
This is the right approach. The trick is how to implement it in a way that can keep the price of Apple products from sky rocketing. I know that a good sum supposedly can be saved in the transportation of production from China. Certainly the manufacturing lags can be cut way down which means Apple is more responsive to demand but how do you overcome the cost differential in hiring American workers that want an order of magnitude more per hour than the Chinese are willing to work for?
I am willing to pay a small "Made in America" tax but not twice the price (I have no idea what this factor would be but can only imagine it would be large).
The other concern is I am not really sure China (the govt) really gives a damn if the jobs are lost or not! They do not strike me as a very humanitarian country.
Apple should regard this move by China's repressive government with pride. This remark:
"The change is thought to be motivated by concerns over Western cybersurveillance operations."
isn't the whole story. China wants Apple and others to insert backdoors into its devices to make it easy for China to monitor its citizens. Seeing the worldwide backlash over the NSA revelations, U.S. high-tech firms are resisting such moves.
Were I Apple, I'd begin a quiet and gradual but effective process to move production to other countries, including Mexico just to our south. Costs in China are rising anyway. Mexico is nearby and far more political stable. Shipping would be quicker and cheaper.
I wonder what took so long, the US government has banded Chinese made products for a long time for use in most government systems. But as someone pointed out, I think Apple was removed for the reason that the government of China can not spy on people. However, all they need to do is install remote management software that most US companies put on Company phones and they can easily watch what ever that person is doing.
Oh My! This is going to be headline news on Marketwatch and CNBC tomorrow and they will be all over it. Apple shares are going to to take a 20% hit tomorrow
</s>
This is actually yesterday's news it came out a few days ago when Cisco was yanked from the list and their stock took a hit over it.
Comments
Good catch, although a Russian Snowden equivalent was what I meant to write.
Yeah, but they're also not thumping their chests boasting about all the great values of freedom and liberty that they espouse. Some would say that they're less hypocritical.
Yes, then devil made me do it, so it's his fault.
/s
Actually, in recent public polling a slim majority of Americans consider Snowden a traitor. This is not a complete surprise, but it's a disappointment that people continue to hold a "my country right or wrong" attitude. Constitutional violations committed for any reason are very, very concerning and under a scenario where we had a better educated public "watching the watchmen" I'd expect the public would have already demanded changes or they'd be in full on revolution by now.
No apostrophe
>>> Following allegations of Apple involvement
Add an apostrophe to "Apple" (Apple's involvement)
(I think the above is correct.)
Yes, then devil made me do it, so it's his fault.
/s
My post was, okay, facetious. National security cuts both ways.
Somehow, some way, Apple needs to figure out how to move its manufacturing out of China. Maybe the loss of hundreds of thousands of jobs will get somebody’s attention. Could this blacklisting have a negative effect on overall sales in China and therefore cause Apple to cut back production and eliminate jobs too?
China and the Untied States are playing some kind of chess game and American companies are getting hurt in the crossfire.
Not to beat it to death at all, but I honestly do wonder sometimes about what exactly it is that we're 'securing' if and when we give up on some of our basic values. Perhaps it's a naive view.
When close to a fifth of Apple's revenues and it's fastest growth, by far, is coming from that country, it seems a bit odd to suggest that the company is 'getting hurt'.
PS: 'Untied' States is perhaps not a bad description!
Oh My! This is going to be headline news on Marketwatch and CNBC tomorrow and they will be all over it. Apple shares are going to to take a 20% hit tomorrow
</s>
Maybe not 20% but it WILL be an excuse to punish the stock. Manipulators live for stuff like this to drive down the price so they can start buying.
If AAPL dropped 20% tomorrow, I'd buy every share I could afford with my remaining cash.
...Apple needs to ... move its manufacturing out of China.... the loss of hundreds of thousands of jobs will get somebody’s attention.
This is the right approach. The trick is how to implement it in a way that can keep the price of Apple products from sky rocketing. I know that a good sum supposedly can be saved in the transportation of production from China. Certainly the manufacturing lags can be cut way down which means Apple is more responsive to demand but how do you overcome the cost differential in hiring American workers that want an order of magnitude more per hour than the Chinese are willing to work for?
I am willing to pay a small "Made in America" tax but not twice the price (I have no idea what this factor would be but can only imagine it would be large).
The other concern is I am not really sure China (the govt) really gives a damn if the jobs are lost or not! They do not strike me as a very humanitarian country.
"The change is thought to be motivated by concerns over Western cybersurveillance operations."
isn't the whole story. China wants Apple and others to insert backdoors into its devices to make it easy for China to monitor its citizens. Seeing the worldwide backlash over the NSA revelations, U.S. high-tech firms are resisting such moves.
Were I Apple, I'd begin a quiet and gradual but effective process to move production to other countries, including Mexico just to our south. Costs in China are rising anyway. Mexico is nearby and far more political stable. Shipping would be quicker and cheaper.
Also I have long suspected that Xioami is a Chinese government program to spy on its people. ANy experts opinions?
This is actually yesterday's news it came out a few days ago when Cisco was yanked from the list and their stock took a hit over it.