Apple Announces Plan for What It Will Do With $100 Billion

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You would think building a factory to provide jobs in the country where the most revenue comes from would be like a long term investment. Build a factory in USA...
 
[citation][nom]kentlowt[/nom]Actually its not really the ridiculous taxes (although they don't help). It is the regulatory nightmare we have created in this country for businesses.[/citation]

Indeed the nightmare of fair wages, overtime pay, health benefits, etc, etc. What monsters we are...

On the subject of taxes ask GE about the tax CREDIT they get every year.
 
[citation][nom]christarp[/nom]There is literally nothing they can do bar having the chinese government step in and fix that company.[/citation]

Yes, they couldn't find any other company on planet earth willing to take their money.
 
[citation][nom]keczapifrytki[/nom]This is a convenient excuse they use " We don't own it, so it's not our problem." Unfortunately, by doing business with slave owners you support and encourage them. Apple has so much money, and influence that they could force FoxConn into improving working conditions so that they resemble what we have in the west. Or move those jobs here, if they do not want the negative attention.[/citation]

You really do not know anything about China or any Asian country. Having been to these countries and just returning to the US, the "living conditions" you talk about is not like what you think.

I spent a lot of time walking in the streets of the lower class in China and there was never a look of hopelessness in their eyes. Sure there will always be people that want to leave China for life in America or people will compare their standards to theirs however, the comparison is not equal.

Gongzhou where Foxcomm is located was further away from my location however, I do plan to travel to China again in April. I will try to make it to that part of China to see for myself.

 
[citation][nom]s3anister[/nom]Or they could create manufacturing facilities in the U.S. Yet they still choose maximum profit margins instead of creating jobs for a country that needs it...[/citation]

All countries need jobs. It's not Apples responsibility to provide American jobs. If you demand this of Apple, demand it of all manufacturers.
 
[citation][nom]back_by_demand[/nom]1) Create desalination plants on the coast of the most drought ridden countries in Africa, powered by huge solar farms on the land nearby that is bare rock and uninhabitable. Save millions of lives.2) Distribute malaria vaccines worldwide. Save millions of lives.3) Pay dividend to people already wealthy enough to invest in Apple stock and buy back lots of shares to make itself even richer. Don't save any lives, make rich people even more stinkingly rich....Tough call guys, why not let the board vote on it.[/citation]

Guys, guys, guys. Please stop being ridiculous. Apple isn't a charity, or a government agency. It has no responsibility whatsoever to pay any profits it makes to charity or to solve the worlds problems. If you want a world like that, apply that same logic to every company, such as Google, Samsung, Microsoft, make them all pay the same proportion to charity. You all seem to have this delusion that just because Apple has been so successful, it can do anything it wants with the money with no impact. That is just flawed economics.

A business is there to make profit - it's absolutely their own choice what to do with it. No-one on here has any right whatsoever to ask that it does anything with their earned money.

Regarding Foxconn, there have been independent inspections which have already proven that the conditions in the Apple specific factories are far better than that of other manufacturers, which includes Samsung, Motorola - most Android manufacturers - who collectively have a larger custom than Apple and offer worse conditions.

Again, you need to apply the same standards to all companies, if you want Apple to not use Chinese labour (and damage their economy almost irreparably), ask the same of other manufacturers. If you dislike the factories with the worst conditions in China, they aren't Apple factories - so you should be targeting many Android manufacturers. Those who want Apple to move their factories to the US, it would inevitably mean price increases, because stocks would collapse if margins went too low. It would also mean that thousands of Chinese workers would be out of work, which they are actually glad to have right now, particularly in the Apple factories. You would be solving the problem of some unemployment in the US by replacing it with unemployment elsewhere. Hardly humanitarian.
 
[citation][nom]keczapifrytki[/nom]Yeah, how about you give some of that 100 billion to at the very least improve Fox-Conn working conditions, or give those people meaningful bonuses?[/citation]

That's really up to Foxconn, you know.

Foxconn is it's own business. It's not Apple's responsibility. It's only because Apple chuck so much business at them that Apple can have any say in Foxconn's internal operations at all... and Foxconn could always turn around and say "we don't want your business any more", let their contracts expire and send them on their way. They wouldn't.. but they could.
 
[citation][nom]s3anister[/nom]Or they could create manufacturing facilities in the U.S. Yet they still choose maximum profit margins instead of creating jobs for a country that needs it...[/citation]
Despite the US having plenty of money, you think that the Chinese PEOPLE don't need the jobs? REALLY? So, fuck the chinese?
 
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