sunman42

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sunman42
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  • Breaking down Apple's tricky, 'gravity defying' $83 billion June quarter

    Isn't this the time that some genius at Goldman (looking at you Rod Hall) reiterates his "sell" recommendation with downward advice and a target of $100 or so?  How does he keep a job?  https://i.imgur.com/RSYnQwW.png ;
    How does he keep his job? On the "personal" side of Goldman's business, they provide financial advice and investment management — don't know about their various products, but that's usually at a fixed fee, ostensibly so no one can claim they lost money while the advisors made it. Another way of putting it is that Mr. Hall has no stake in Goldman's investor's investments' performance.
    watto_cobra
  • Apple's $2.5 billion investment in affordable housing is building new communities

    Xed said:
    Taking only the $400M and $1B values (rounded down) for 2020 and 2021, respectively, and rounding up to 2000 homes, that's $700k per home just to build.
    Most affordable homes are in multi-tenant dwellings, like the one pictured. And almost none of those is built solely for low-income tenants. Instead, a certain number are reserved for low-income and/or currently unhoused people. Veterans' Square may be different, but most housing projects are mixed-income these days — where required by law.
    ronn
  • Maryland Apple Store first to vote in favor of unionization

    "Unions used to be important in the day where there were no workers right but these days they are outdated, out of touch with reality. Sadly, they only have themselves to blame, greedy, unreasonable demands, bullying by some, and pretty much meant lots of manufacturing has simply left the country. 

    "However, in this case. Costs will go up. Shops could close. This is not to say people should not be paid what they are worth but the unions can’t help themselves and push it too far. The only losers are the union members themselves- take a good look at what’s happened globally."

    Did they teach you that in the undergraduate business school course on how to deprive workers of basic human rights?

    The point of a union, any union, is to balance the immense power of large businesses and the virtually nonexistent power of individual employees in capitalist economies by organizing the employees so they can negotiate what those benefits should be. In Europe, businesses often have employee (union) representations on their corporate boards, but no, in the good, old USofA, the making of more money by the already wealthy is sacred, and employees shouldn't be able to negotiate the share of the wealth they help create with the business owners.

    You have been brainwashed by representatives of a wildly successful economic system — that is, if you measure success by how much of the increase in wealth in concentrated in 0.1% of the population, who do << 0.1% of the work that creates the wealth.
    jroyronnmontrosemacsmuthuk_vanalingamdewmeforegoneconclusion
  • Maryland Apple Store first to vote in favor of unionization

    JFC_PA said:
    A union now representing machinists and aerospace workers? For a retail store? That’s should be well informed. 
    Did you know the Teamsters (originally a union of mule drivers) represent flight attendants, printers, and railroad workers in many places in America? The name on the union doesn't mean much, it's the experience in organizing and negotiating with management that does.
    jroyronnmontrosemacs
  • Lightning versus USB-C: Pros and cons for the iPhone

    stompy said:

    The agreement's goal is to reduce electronic waste in the system since smartphone owners could use one cable to charge multiple devices. 
    ... will the E.U. force manufacturers to sell devices WITHOUT charging cables? If not, I guess the reduced waste is for aftermarket cables?
        The article states that phones will have to be sold without chargers, and notes that Apple has been doing so for the last couple of iPhone cycles.

    watto_cobra