Apple Joins the Top 20 Companies On Fortune's Fortune 500

[actionjksn]

[citation][nom]madjimms[/nom]Guys complaining about gas prices being so high.... If it was lower, people would simply use more gas making the price go up because demand would go up & vice versa... Also, remember there is a finite amount of crude oil... If the oil companies didn't ration it out over several centuries we would end up with a BIG mess. Expect gas to rise (fairly) slowly over the next hundred years as we deplete the remaining.[/citation]

WOW! You just won the grand prize as the most gullible sheep man on this forum. There is no shortage of oil and by the time we run out of it, technology will have advanced enough for us to replace it. It's because there are so many people like you believing their crap that they can get away with gouging us like they are doing. We have enough oil in America alone to sustain us for probably a century. By which time we will be able to switch to something else.

 

[rantoc]

[citation][nom]randomkid[/nom]"If you leave revenue aside for a moment and want to talk about pure profits, the list looks quite different. Apple's near $26 billion in profits would place it at number three with Microsoft close behind. The Redmond-based company's $23 billion in profits would be enough to snag it the number four spot. IBM would just make the top 10 list for profits, slipping in at number nine with 15.8 billion, while Intel would just miss out, placing 12th on the list. Google would place at number 18, while HP, which enjoyed 10th place on the list when comparing revenues, would place at number 24."- Now you know exactly who rips you off the most...[/citation]

Amazing that some of those companies make all that profit without employing people under slave-like conditions! That is truly amazing! Exploit workers in country's where a persons life is worthless isn't amazing, its despicable!

 

[Osmin]

If Americans did not want higher gas prices then they would sign a petition to remove oil as a commodity. OPEC sets the wholesale price of crude oil and we send it to Wall Street so that they can add an additional $700 per year (for an average pickup truck) in speculation, and they get profits from each transaction. Furthermore, individual gas stations immediately raise their prices as soon as they hear the speculation adding to the total cost. Investors in the oil commodities market can only make a huge profit if you hoard the oil and don’t refine it until there is an artificial shortage. This artificial shortage is what eats up the rest of your gas dollars. A national gas tax that fluctuates as the supply and demand changes is necessary to stop the oil companies from making a profit from their incompetence. The oil companies make sure they have no back up refineries for maintenance or extra storage available for new summer reformulated fuels in order to price gauge the consumer by creating artificial shortages. The more the incompetence, the more the profit is their work mantra. Wouldn’t it be great if wholesale price of crude oil went straight to the refinery and oil companies would make a profit on the quantity of the product sold?

 

[bigdog44]

If you factor in the Apple/Foxconn slave-labor, that makes their #s look worse when normalized to what what the rest of the industry practices.
The" american oil reserves lasting a century" myth stated above is only true when you consider in other products that can be converted into oil/gasoline which increases cost per barrel. We shouldn't be waiting to push for more efficient standards,until the old standards become unprofitable. We need to exercise our minds so we can collectively break out of the herd mentality that we use to spend $$$.