mike_galloway

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mike_galloway
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  • US iPhone production's main challenge is a century of big business labor decisions

    iadlib said:
    Dan Ives told CNN that it would take about $30 billion and three years for Apple to move its global supply chain back to American soil.
    But with what money is it expected to do this — the money from Services? That seems highly unlikely.


    UMM Apple has 162 billion in cash and cash equivalent assets. Had they not spent so much money on stock buy backs they’d have more. They can financially make this move happen. Whether it’s lucrative. That’s a different story. 

    UMM...  Shares are money - buying back shares keeps that money in the company (which is valued by its share capital) and they can be re-issued again if required - there is no loss.

    What really destroys wealth is a carrot top that finds ways of reducing the profits of global American companies.

    jroyAulanijibwatto_cobra
  • Your next iPhone might cost more but Apple may bet you won't notice much

    hmlongco said:
    Funny how people keep focusing on the economic plays while ignoring other, far more dangerous options. 

    Donald thinks he's playing 3D checkers. But what happens when someone else decides to simply knock over the entire board?

    China could well view these attacks on its economy as attacks on China itself.

    So with the US economy is disarray and with the US having alienated most of its trading partners and military allies, China could decide that it's time and past time to move forward and "annex" Taiwan. Adding that islands economic power to its own.

    In fact, it may well feel it's been granted the right to do so, especially given Russia's move to annex Ukraine and the number of times Trump has indicated that the US should annex Canada, Greenland, and Panama.

    What's sauce for the goose...
    Agreed - plus USA runs the risk of loosing reserve currency and safe haven status
    davenForumPostwatto_cobra
  • Trump's 104% tariff against imports from China goes live

    If you don't already know it, look up the tale of The Emperors New Clothes - there are frightening similarities between the tale and the current situation.

    https://en.wikipedia.org/wiki/The_Emperor's_New_Clothes

    It would seem likely that our current problem has occurred on a regular basis throughout history.
    12StrangersDBSyncpulseimageslordjohnwhorfinwatto_cobra
  • Apple stocks plummet, as Trump threatens 104% tariff on China

    Whom the gods would destroy, they first make mad.

    First bit complete

    kiltedgreenNachtswaermerronngavzawatto_cobra
  • Apple stock bloodbath continues after China applies retaliatory tariffs

    spheric said:


    lwr32 said:
    And how often was Obama on the golf course?
    Obama played golf 333 times during his 8 years, which is more than Trump. Trump's golf tally is harder to count, because one of his homes is on a golf course, and he's not always playing golf when he's at that home.
    We know how much Obama played golf because the administration was transparent. We don't don show much Trump paid golf because the administration is not transparent. Also, in his first term he spent 102 million on golf. At the time was just 12 million under what Obama spent on golf for his two terms. So far in this term he has spend another 18 million. So he may or may not have played as much golf as Obama but he has spent more on golf and the personally profits from the money the government spends on his golfing. But he is totally about trying to cut government spending. 
    Oh, he’s played way more golf than Obama. 

    Isn't it a lot better that your presidents play as much golf as possible - at least they are only messing up the green rather than the whole world
    avon b7muthuk_vanalingam9secondkox2xbitroundaboutnowwatto_cobra