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.
What really destroys wealth is a carrot top that finds ways of reducing the profits of global American companies.
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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...
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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. -
Apple stocks plummet, as Trump threatens 104% tariff on China
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Apple stock bloodbath continues after China applies retaliatory tariffs
spheric said:Stabitha_Christie said:22july2013 said:lwr32 said:
And how often was Obama on the golf course?