randominternetperson

abujazar said:

Cook is not only selling his soul to Trump with blatant corruption, he's also undermining the political system and contributing to turning the US into a banana republic.

Because of a photo op and a plaque? What a weak political system we have if that undermines it. 

AAPL is up 10% since the press conference was announced. Not surprising. The stock was down, in part, because the market perceived that Apple was in the crosshairs of our king and liable to be punished (somehow) in the future. This offering was as much for the benefit of the analysts as the king himself. They now believe Apple is less likely to face some irrational spite from the king, so the stock price reflects that. Hundreds of billion dollars of market cap for the cost of a piece of glass and a photo op? Good deal, smart move. 

What a world we live in now. The market is thrilled about this announcement. I’m sure it’s not about the actual impact of a big investment in domestic manufacturing. It’s all about believing that Apple might get favorable treatment from our fickle king because they are willing to make look good with a joint announcement. Then at some point DJT will tweet something negative about Apple and AAPL will get clobbered again. 

I appreciate that the UK is straightforward in just designating certain companies as having "strategic market status" rather than quibbling over whether they are monopolies. They want to regulate the major companies that impact their economy. So be it. We can argue about whether any of the mega tech companies are "monopolies" but no one can argue about their importance.

I'm not a big fan of heavy regulation, but if you're going to do it, just say it.

FYI, here are the deductibles for theft or loss:

Apple Watch:$119 for theft or loss

iPhone: $149 for theft or loss

iPad: $129 for theft or loss

https://www.apple.com/legal/applecare/fees-deductibles/