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Thread: Apple holding more cash than USA

  1. #11
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    Re: Apple holding more cash than USA

    Quote Originally Posted by Temporal View Post
    I'm not someone who will turn this into a free market vs. government legislation debate like some posts above. I'll just say that it's amazing that a corporation can have that much money. The divide between have and have not has never been this vast in human history, given the proportions of materials and assets we are dealing with. It's something to remark at.
    Why? They create something that many people want.

    Also... what effect can government possibly have against companies with such economic power? It really makes me question who is in charge these days.
    You do realize that the government works for Apple and not the other way around, right?

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    Re: Apple holding more cash than USA

    Quote Originally Posted by cpwill View Post
    i wonder if we could learn anything from their crazy, radical, "spend less than you make" philosophy.......
    Also, their "charge absurd prices because consumers are easily swayed by marketing gimmicks and slick looks" philosophy.
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  3. #13
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    Re: Apple holding more cash than USA

    Apple's products are quite pricey. it seems odd that they still have to utilize Chinese labor to manufacture them.

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    Re: Apple holding more cash than USA

    Quote Originally Posted by Helix View Post
    Apple's products are quite pricey. it seems odd that they still have to utilize Chinese labor to manufacture them.
    Apple does not manufacture the products with the probable except of the RISC chip it uses for its Ipad

    I expect everything else is contracted out
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    Re: Apple holding more cash than USA

    So my initial reaction to this thread was, "How can we get Apple to spend or invest the money their holding on to?" aka stimulate the economy

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    Re: Apple holding more cash than USA

    Quote Originally Posted by Lord Tammerlain View Post
    Apple does not manufacture the products with the probable except of the RISC chip it uses for its Ipad

    I expect everything else is contracted out
    that's my point. it seems that contracting out to Foxcon would not be necessary to make a profitable product in Apple's case. plus, hiring Americans would be great PR.

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    Re: Apple holding more cash than USA

    Apple is more Chinese than it is American... far more.
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    Re: Apple holding more cash than USA

    Quote Originally Posted by PeteEU View Post
    Actually this shows how much better Apple is in collecting its "taxes" than the US government

    On top of that, Apple does not give massive rebates, give away the products or actually pay people to take their products... the US government does.

    And it helps that Apple does not pay no where near the supposed 32% corporate tax rate that it is suppose to pay according to the GOP.
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    Re: Apple holding more cash than USA

    I just checked my wallet. I might have more cash than the U.S. government. At least, I haven't floated any loans with the Chinese or anyone else in the last 25 years.

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    Re: Apple holding more cash than USA

    Quote Originally Posted by Helix View Post
    that's my point. it seems that contracting out to Foxcon would not be necessary to make a profitable product in Apple's case. plus, hiring Americans would be great PR.
    I'm pretty sure they do most, if not all, of the designing in the States. That they do the low tech manufacturing overseas doesn't bother me in the least.
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