What Apple Could Do With Its $100 Billion (Comic)

How about buying Dell for about two quarters worth of profit to “shut it down and give the money back to the shareholders” as Michael Dell suggested Steve Jobs do with Apple in 1997?

About the Foxconn comment…..believe me, Foxconn is rolling in cash themselves. Those workers are Foxconn employees, not Apple employees. I’m all for sharing it with the workers, but thats Foxconn’s job, not Apple. I am sure Apple is going to improve their benefits package going forward, as they already have started that process, even when Steve was still active. And, note the charitable gifting program set up under Tim Cook.

Well, that’s good, I didnt know about that. Just to see what that might be though I did a little math. They have 60,000 employees worldwide. If every employee gave $1000/yr (and I really doubt thats the case), then Apple would be contributing $60million/yr. That still seems really tiny in proportion, but someone please check my math as its not my strong suit. 

Rather than claim no responsibility and turn a blind eye… how about Apple stop using a third-party Chinese manufacturer and build stuff themselves here in the United States?

Give some back to shareholders who have stood for a long time behind Apple.  This is after all the point of “investing” … to make a little bit (without having to sell off shares).

I just in case there are 99 per centers out there who feel compelled to comment, I have already paid income tax on the money I used to buy Apple stock originally and I will of course have to pay another 15% on the profit I receive, bringing my total tax paid to our bloated Federal government on the whole thing to about 45%. Sorry, not matter what you say, that’s not fair.

Yeah-Apple should just crap out an entire supply chain, manufacturing infrastructure, and trained and educated workforce.

Maybe they could do that by next Tuesday.

Yeah, because it has worked so well for the American auto industry.

As a house flipper, I totally understand your sentiment. When I sell a house, I pay tax on the profit, and use the remainder to fix up another house. I shouldn’t have to pay tax on the profit I earn from the second house I made profit on, because I already paid tax on the first house. In fact, after paying the income tax on money I put in first, I should never have to pay any income tax on any profits I make on anything from then on, because I’ve already paid income tax once in my life, so all the other profit doesn’t count.

How US centric can you get. 

Apple sells more products overseas than in the US. Some time in the not so distant future their largest market may well be China. Would anyone be surprised when China demands that Apple move its design and HQ to China? Will any of those wanting Apple to manufacture in the US be OK with that.

I think it is time to stop asking for the impossible and accept that neither Apple nor the US government or the EU can exert enough pressure to make China abandon its proven ways to success.

Forget the United States! That ship has sailed a long time ago and is not coming back. 

So Ford can make Goodyear pay their employers more too?

How about they don’t share the profits with the workers that help them make it because it wasn’t the workers idea, they were hired for labor; if they have a great idea then begin production on that.  That kind of logic is where socialism comes into play.

To Alexander
 ”Make them”?, not exactly, but they could use it as a bargaining point in contract negotiations.

Companies like Apple are making billions with things the way they are. Why do you think they aren’t making that sh*t in the US, UK or Germany or something? It’s too bloody expensive, that’s why. We all want a union-negotiated 40 bucks an hour, health insurance, gym membership, childcare, 401k………….A little bad PR isn’t going to make them give up massive profits by forcing companies like Foxconn to improve pay or conditions. The manufacturers might relent and do so, but they’d pass the costs of doing these things on as THEIR contract stipulation. Apple’s profits would drop, and that 2300 dollar macbook would cost even more. Timmy needs a new yacht.