leftoverbacon
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Apple 'wants to serve everyone' with wide iPhone price range, Tim Cook says
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Apple announces colorful new 6.1-inch iPhone XR with full-screen Liquid Retina Display and...
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Foxconn's Wisconsin deal riskier for taxpayers than originally thought
dewme said:Not sure how these latest incentives impact the breakeven date, but when the initial deal was struck the taxpayers would recoup their payout somewhere in the vicinity of year 2040-2045, depending on the actual number of jobs created. Fewer jobs, perhaps via increased automation and robotics, pushes the breakeven date further out. In effect the taxpayers of Wisconsin are subsidizing 13,000 jobs for the next 25 years. I tend to think that working and being productive has a significant human benefit in the long run so despite the huge cost to the taxpayers of Wisconsin the surrounding communities should still come out ahead. If the workers come from outside of Wisconsin the sales of heavy winter clothing, snow blowers, snow shovels, and 800 CCA automobile batteries alone will see a big increase.
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Foxconn's Wisconsin deal riskier for taxpayers than originally thought
There's also a huge cost in eminent domain. Eminent Domain is to be used when taking of private land for public use, not for handing it over to private developers.The local township is about to face some lawsuits because folks don't want to move because a private developer doesn't want to pay.This whole project is a boondoggle for $12 an hour jobs, and will be costing the residents of the state of Wisconsin for generations.Gotta love corporate welfare. -
Snap's fledgling Spectacles sold just over 63,000 units in March quarter
"In a sign of how tough the market for Apple's rumored augmented reality glasses could be..." Huh? So, a limited use item [Snapping pictures only], that was nary available anywhere [mystery vending machines & a single phantom store in NYC], sold tens of thousands of units. Yeah, this really bodes ill for whatever Apple is looking to deliver.