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Apple just hit a $1 trillion market cap
CNBC ^ | August 2, 2018: 9:25AM | Sara Salinas

Posted on 08/02/2018 9:35:29 AM PDT by Swordmaker

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To: Swordmaker

Their Chinese workforce rejoices.


21 posted on 08/02/2018 11:26:28 AM PDT by Pelham (California, Mexico's socialist colony)
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To: DoodleBob

“Former Judge Robert Bork said Friday that Microsoft should be broken into three identical companies at the end of its antitrust trial.

‘My own opinion is that I think structural relief is probably going to be required,’ Bork told reporters at a luncheon meeting of ProComp, a group that approves of the government antitrust charges against Microsoft (MSFT).

“Bork represents Netscape Communications (NSCP), but he emphasized: ‘I’m not speaking for Netscape and I’m not speaking for ProComp.... I have not cleared my remarks’

https://www.wired.com/1999/01/judge-bork-break-up-microsoft/


22 posted on 08/02/2018 11:29:16 AM PDT by Pelham (California, Mexico's socialist colony)
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To: central_va
Th point is the whole she-bang cold move back to the USA, employ lots of Americans and Apple and its stock holders would be fine. American workers first.

You argue like a PROGRESSIVE claiming your ends justifies your means, is that it? YOU get to lie to get your point across?

Meanwhile Apple is the largest name brand maker of computers which MAKES COMPUTERS IN THE USA. The iMac is assembled in Elk Grove, CA. and the Mac Pro is completely manufactured in Austin, Texas. Many of the components in the iPhone and iPad are manufactured in the US. . . but that doesn't matter to YOU. 90,000 Apple employees are employed in the US. . . On the other hand, all Android phones are all made in Asia, as are the vast majority of PC computers you tout, and all of their profits redound there, not to a US company. That's really a brilliant plan.

Do you invade the Microsoft/Windows or Android Ping List threads to claim their products are made by suicidal slave laborers, when that is much closer to the facts than your lying claims about Apple?

These are 71 Consumer Electronic companies other than Apple that are among the over 500 companies have their manufacturing and assembly done by Foxconn, yet you always blame Apple for non-existent Apple suicides for a very few suicides that actually occurred occurred at plants making products for Microsoft, Hewlett Packard, Sony, and Nokia:

Somehow you DON'T BLAME THEM. . . Yet 59 of them are recognized name brands doing business in the United States. . . but again, you single out Apple, which pays better, and ENFORCES better working conditions for the workers on its products, AND ACTIVELY MONITORS those provisions in its contracted supply chain, which the others do not.

23 posted on 08/02/2018 11:43:37 AM PDT by Swordmaker (My pistol self-identifies as an iPad, so you must accept it in gun-free zones, you hoplaphobe bigot!)
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To: Swordmaker
You argue like a PROGRESSIVE claiming your ends justifies your means, is that it?

Hmmm, I argue like lets see, George Washington, Thomas Jefferson and John Adams. And you? You are a Free Trade Marxist.

24 posted on 08/02/2018 11:46:14 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: Swordmaker
Are you a protectionist? You might be surprised to know that you probably are and that you are part of a fraternity that includes John Adams, Benjamin Franklin, Alexander Hamilton, Thomas Jefferson, James Madison, George Mason, and George Washington. That's right; America's Founding Fathers were hard-core protectionists. In fact, the central reason for the creation of our Constitution was to establish protectionism as our national economic policy.

This is out of print but keep checking, it should be a good read.

Free Trade, Protectionism, and the Founding Fathers

25 posted on 08/02/2018 11:50:46 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: central_va

No, the point is that you keep accusing Apple of being responsible for undue suicides, Swordmaker keeps laying out the facts (if anything, Apple is associated with an unusual _decrease_ in suicides), and you respond with some non-sequitur.

And yes, Apple IS starting to move “the whole she-bang ... back to the USA”. Takes a while to relocate a supply/manufacturing chain, worth a good part of a trillion dollars, to another continent.


26 posted on 08/02/2018 12:12:19 PM PDT by ctdonath2 (The Red Queen wasn't kidding.)
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To: Swordmaker

It’s actually worth that, seeing as Apple has around $300,000,000,000 in _cash_.
They could cease all operations, invest the money in S&P500, and have $1T in a few years with zero effort.

And with that much cash, Apple could continue operations exactly as-is now, maintaining current productivity, and literally _give_away_ all products ($0 revenue), continuing for the next 10+ years.


27 posted on 08/02/2018 12:16:29 PM PDT by ctdonath2 (The Red Queen wasn't kidding.)
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To: Pelham
I think what was done to Bork was unconscionable. And Kennedy wasn't exactly the best pick on the planet.

That's said, every now and then I'm reminded of things Bork wrote like what you posted and his 2nd Amendment views and reconsider whether or not we dodged a bullet. Indeed, consider the impact of Bork vs Kennedy rulings until Bork's death in 2012 - Casey is a stand-out where Bork likely would have swayed the outcome but we may have lost Heller - and a replacement by Obama...arguably Kennedy MAY have been a better pick in the long run.

28 posted on 08/02/2018 1:40:54 PM PDT by DoodleBob
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To: Swordmaker

Are Apple products made in China?.


29 posted on 08/02/2018 2:00:34 PM PDT by Vaduz (women and children to be impacIQ of chimpsted the most.)
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To: central_va
You are a Free Trade Marxist.

I'm an educated Economist. . . and you are ignorant, missing multiple clues, if you think that is even a possibility. You don't argue at all like any of the founders. You lie to push your agenda, they didn't.

30 posted on 08/02/2018 2:26:35 PM PDT by Swordmaker (My pistol self-identifies as an iPad, so you must accept it in gun-free zones, you hoplaphobe bigot!)
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To: Swordmaker
I'm an educated Economist. . . and you are ignorant, missing multiple clues, if you think that is even a possibility. You don't argue at all like any of the founders. You lie to push your agenda, they didn't.

Economists in this country are one-sided free trade asses. The rest of the world's economist and governments know this and exploit us because of it. All of our "economists" should be rounded up hogtied and whipped repeatedly.

The 30 year globalist experiment in "Free Trade" is an abject failure. Why? because the rest of the of world didn't play along and used the USA like a cheap whore. Thanks US economists. How did we get saddled with these losers? We need to import some real economists from the rest of the world. I think an H-1b visa program JUST for economists is order.

31 posted on 08/02/2018 2:45:15 PM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: Vaduz
Are Apple products made in China?.

Some are. Others, not. Not all of any Apple product is made entirely in China although some are entirely assembled there by a Taiwanese company. A large percentage of the parts of the iPhone and iPad, for example, such as the glass for the screens which is made by Corning in NY, the WIFI and Celular radios are made either by Intel in Texas, or by Qualcomm in Taiwan (Apple is supposedly going to standardize on the Intel chips this year), the Apple designed processors are being made primarily by a Taiwanese company. The LCD screens come from one of two sources, while currently all the Apple designed OLED screens come from South Korea.

Some iPhones are assembled in Brazil, and starting this year they are also made in India.

Apple assembles many iMacs in Elk Grove, California, and also in Cork County, in Ireland, and completely manufactures the Mac Pro in the USA (to label it as such requires 90% of the components be made in the USA) in Austin, Texas. Foxconn is building a $2 billion plant in Wisconsin to manufacture more Apple products in the US (at least the reports are it will assemble Apple products, but what those products are has not been announced, but some rumors have hinted it will produce computer monitors).

Look up thread to see a list of just some of the CE companies that use the same contractor that Apple primarily uses to assemble their products. It is only ONE of the customers of Foxconn. . . which now produces about 60% of ALL consumer electronics made in the world for almost every brand name you can think of, for over 500 customers under contract. The question is not whether Apple does, it's to find one who does not. . . and Apple is the answer to that question for many of its product lines.

32 posted on 08/02/2018 2:54:22 PM PDT by Swordmaker (My pistol self-identifies as an iPad, so you must accept it in gun-free zones, you hoplaphobe bigot!)
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To: central_va
Economists in this country are one-sided free trade asses. The rest of the world's economist and governments know this and exploit us because of it. All of our "economists" should be rounded up hogtied and whipped repeatedly.

You expose your ignorance again with that statement. You really do not know what you are talking out of your rear end about. You think your biases are facts. They are not. You open your mouth and falsehoods and ad hominems spew out. You've made absolutely NO SENSE since you started posting on this thread. You've posted lies, about Apple, about me, and now about Economists in general in the US.

The economics of Free Trade can work. The problem is not that, but the POLITICIANS who don't know how to implement it. Donald Trump has stated he is in favor of Free Trade. . . but BOTH SIDES have to be practicing it. . . with out playing games with the other's imports. If they are, then we have to force them to stop. Before Trump, our politicians have lacked the will to do that with the tools that trade offers provides them. Trump uses them and right now he has started to apply them to FORCE the offenders to renegotiate the rules they will play under and agree to PLAY FAIRLY, and not implement regulations outside of the "free trade" agreements!

The free market will settle things so long as it doesn't have arbitrary regulation that stands in the way of free choice.

33 posted on 08/02/2018 3:04:19 PM PDT by Swordmaker (My pistol self-identifies as an iPad, so you must accept it in gun-free zones, you hoplaphobe bigot!)
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To: Swordmaker
The economics of Free Trade can work. The problem is not that, but the POLITICIANS who don't know how to implement it.

The experiment in one sided free trade is a disaster.

So 'economists' ( I want to spit when I say that world) the middle class is supposed to die and we are supposed to embrace the coming socialism desperate people will seek from those same pols?

Like I keep saying. First the lawyers then the economists...

34 posted on 08/03/2018 4:55:11 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: Swordmaker

Thanks for info.


35 posted on 08/03/2018 7:57:31 AM PDT by Vaduz (women and children to be impacIQ of chimpsted the most.)
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To: Swordmaker

What happens when everyone makes a smartphone that does the same as a iPhone?
My 4 year old LG3 has nearly the same specs as the newer Samsung S8. I bought used for $65 and $69 while the S8 is $800 new.


36 posted on 08/03/2018 3:13:21 PM PDT by minnesota_bound
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To: minnesota_bound
What happens when everyone makes a smartphone that does the same as a iPhone?
My 4 year old LG3 has nearly the same specs as the newer Samsung S8. I bought used for $65 and $69 while the S8 is $800 new.

Nice try. . . they don't. . . Do you realize how long people like you have been saying that canard about Android phones that don't make a profit because they are competing in a price race to the bottom of a commodity market in which Apple just does not play? So much so that Samsung released their flagship Galaxy S8 at $859, $10 more than Apple's iPhone 8, but then they immediately allowed their retail sellers to discount it a week later by 40% or even 50% through buy one, get one free offers.

As a result, Apple has consistently taken home between 90% to 106% of ALL cellular phone handset sales profits in the industry every quarter for the last five years. How does one get to 106%?! Simple, the others post reported losses on their books, pumping money out the door instead of profits on their cellular phone sales revenues!

You're trying to compare Apple's to rotten oranges. Doesn't work.

37 posted on 08/05/2018 2:27:42 AM PDT by Swordmaker (My pistol self-identifies as an iPad, so you must accept it in gun-free zones, you hoplaphobe bigot!)
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To: cuban leaf
What concerns me is that if the CPI catches up with stocks, we’re in big trouble.

Why does the CPI need to do that?

38 posted on 08/05/2018 2:38:30 AM PDT by cynwoody
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To: central_va
The experiment in one sided free trade is a disaster.

Do you know what an oxymoron is? You just wrote one. . . and exposed your utter ignorance of economics. There is no such thing as one-sided free trade.

Why do you insist on lumping all economists under "Marxist?" Marx was a very poor philosopher who had a very weak grasp of market economics when he used economics to cover up his philosophic ideas with an economic veneer with oor psychological underpinnings of the perfectibility of human nature. Milton Freedman, Adam Smith, Ludwig van Mises, and a host of other economists I could name found Marx's theories complete twaddle and those who lived after him said so.

You don't even know the context of the "The first thing we must do is kill all the lawyers," line. . . it's from Shakespeare's play Henry VI, where it's a line spoken by plotting bad guys who are planning a revolution and need to remove anyone who would stand between them and their overthrow of the protections built into the LAW, preventing them from seizing illegal power over the people!

As I said, you don't have even the inkling of an education about what you are spouting off about, calling for the assassinations of two entire professions based on your ignorant, demonstratively ill-informed and assumptive prejudices.

39 posted on 08/05/2018 2:53:02 AM PDT by Swordmaker (My pistol self-identifies as an iPad, so you must accept it in gun-free zones, you hoplaphobe bigot!)
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To: Swordmaker

Beautiful reply!


40 posted on 08/05/2018 3:13:22 AM PDT by Republic_Venom (It's time for some Republic Venom!)
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