Apple113
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Tim Cook says Apple is 'heartbroken' over Notre Dame fire and will donate to rebuilding wo...
Such a shame there is so much economic illiteracy. FYI, the rich pay far more than their fair share in taxes. The United States has one of the most progressive tax systems in the entire world. Further, the increase in the income of the upper end of the income spectrum is nearly entirely explained by an increase in the usage of performance pay, reflecting inequality of productivity, not the "evil rich" stealing the wealth from middle America. If you pay employees by their productivity rather than paying them by the hour, you're going to have more inequality because some employees are more productive than others. There is absolutely nothing unfair about this. It rewards those that put in the effort instead of rewarding those that sleep at their desks. The greed of some people to steal what isn't theirs is quite something. -
Tim Cook says Apple is interested in both content creation and ownership
Apple should go all out and buy The Walt Disney Company. Disney is by far the leading content creator in the world right now. Apple and Disney share very similar PE ratios. And the deal would be mutually beneficial, Apple would get the leading content provider on which to build its Apple TV streaming service and compete with the likes of DirecTV Now, while at the same time branching out into different sectors of growth with the iPhone hitting max growth. Meanwhile, Disney is in a very strapped position, they're too big to be aquired by anyone other than Apple or Google, and they're too small to make a massive aquisition that would make a significant impact to their distribution channels and allow them to compete in the rapidly changing media landscape.