homeGeek CultureWebstoreeCards!Forums!Joy of Tech!AY2K!webcam

The Geek Culture Forums


Post New Topic  New Poll  Post A Reply
my profile | directory login | | search | faq | forum home
  next oldest topic   next newest topic
» The Geek Culture Forums   » All about the comics!   » The Joy of Tech   » Apple's Billions

 - UBBFriend: Email this page to someone!    
Author Topic: Apple's Billions
Zwilnik

Solid Nitrozanium SuperFan!
Member # 615

Member Rated:
4
Icon 4 posted January 27, 2012 06:23      Profile for Zwilnik   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
Great Comic as usual, although the topical comment about the Foxconn workers does bring up an issue that people (especially the bloggers and the press) need to be reminded of..
http://nissacam.com/post/16531404635/lets-stop-pretending-apple-is-the-problem-shall-we

While I'd love Apple to do some philanthropy with a tiny bit of their money (just 0.01% of it would buy Sea Shepherd a new ship like Bob Barker did and shut down illegal whaling for good for instance), the fact that they're creating new jobs around the world and pushing for basic rights and quality of life for those workers means that they're doing a huge amount to bring people out of poverty already.

--------------------
The Universe is entirely made up of elements.
The most important of which is the element of surprise.

Posts: 1040 | From: West Sussex, UK | Registered: Dec 2000  |  IP: Logged
TheMoMan
BlabberMouth, a Blabber Odyssey
Member # 1659

Member Rated:
4
Icon 1 posted January 27, 2012 06:42      Profile for TheMoMan         Edit/Delete Post   Reply With Quote 
I was more struck by the results of the Joy Poll.

Apple has a product that they sell.

--------------------
Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety.


Benjamin Franklin,

Posts: 5848 | From: Just South of the Huron National Forest, in the water shed of the Rifle River | Registered: Sep 2002  |  IP: Logged
Gromit801
Newbie Larva
Member # 5063

Rate Member
Icon 1 posted January 27, 2012 10:25      Profile for Gromit801     Send New Private Message       Edit/Delete Post   Reply With Quote 
What is it people don't get about China? It is still a totalitarian government. Maybe a nicer one, but the politburo still takes the lions share of foreign investment for their own use, or do people really think their military's leapfrog in technology is free market development? The workers at FOXCONN can go work where they like, they aren;t forced to work there. They make higher wages at FOXCONN than almost anywhere else in China.

--------------------
"I love deadlines. I love the 'whooshing' sound they make when they go by." - Doug Adams

Posts: 8 | From: Manteca, CA | Registered: Apr 2006  |  IP: Logged
Snaggy

Sir Snaggalot!
Member # 123

Member Rated:
5
Icon 14 posted January 27, 2012 11:02      Profile for Snaggy   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
Zwilnik, great article. I like this part..

"Yeah, conditions for factory workers in China are pretty much bad across the board. Yeah, Foxconn is probably better than some of its competitors, and Apple is better than some other companies about taking responsibility for its supply chain. But tell me you have nearly $100 billion in cash and liquid assets on hand and you know what? I think you can do better. "

We all can, methinks.

Bob Barker rocks, doesn't he. [hearts]

Posts: 8111 | From: Canada | Registered: Jan 2000  |  IP: Logged
Zwilnik

Solid Nitrozanium SuperFan!
Member # 615

Member Rated:
4
Icon 1 posted January 27, 2012 13:49      Profile for Zwilnik   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
yeah, with the amount of money Apple's got in reserve they could do some pretty impressive things. I'm totally in favour of their philosophy that having it gives them the opportunity to jump at technical investments when they spot them rather than having to risk debt or being outbit, but the more visible the cash pile they have, the more vulnerable they become to negative talk about how 'rich' they are and that's where politicians and news maker uppers coming up with ideas about how to take it off them.

I can even just about see a good argument for Apple deliberately spending a chunk of the reserves (dividends, good deeds, random investments etc.) just to make the pile a little less visible.

--------------------
The Universe is entirely made up of elements.
The most important of which is the element of surprise.

Posts: 1040 | From: West Sussex, UK | Registered: Dec 2000  |  IP: Logged
dragonman97

SuperFan!
Member # 780

Member Rated:
4
Icon 1 posted January 27, 2012 21:08      Profile for dragonman97   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
As to the link saying "stop pointing only at Apple," that strikes me a bit as defending Apple as far too many do. Certainly other companies use Foxconn, and they might be 'equally in the wrong,' but the fact is, everyone fawns over and worships at the altar of Apple and expects the most of them. It's only fair for them to take their fair share of flak as well. Additionally, if this is written about the 'all mighty and wonderful Apple,' a far larger group of people may take notice than if it's say...Samsung.

--

Written on my Apple laptop.

--------------------
There are three things you can be sure of in life: Death, taxes, and reading about fake illnesses online...

Posts: 9332 | From: Westchester County, New York | Registered: May 2001  |  IP: Logged
The Famous Druid

Gold Hearted SuperFan!
Member # 1769

Member Rated:
4
Icon 1 posted January 27, 2012 21:43      Profile for The Famous Druid     Send New Private Message       Edit/Delete Post   Reply With Quote 
With that kind of money, they could buy a 40% stake in Microsoft, and teach them how to do software right.

--------------------
If you watch 'The History Of NASA' backwards, it's about a space agency that has no manned spaceflight capability, then does low-orbit flights, then lands on the Moon.

Posts: 10680 | From: Melbourne, Australia | Registered: Oct 2002  |  IP: Logged
dragonman97

SuperFan!
Member # 780

Member Rated:
4
Icon 1 posted January 27, 2012 22:06      Profile for dragonman97   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
quote:
Originally posted by The Famous Druid:
With that kind of money, they could buy a 40% stake in Microsoft, and teach them how to do software right.

Hmm...I wonder if MS still actually owns a ~5% share in Apple?

(I think they still have a patent relationship and some other stuff...funny how that doesn't play out in public.)

--------------------
There are three things you can be sure of in life: Death, taxes, and reading about fake illnesses online...

Posts: 9332 | From: Westchester County, New York | Registered: May 2001  |  IP: Logged
Zwilnik

Solid Nitrozanium SuperFan!
Member # 615

Member Rated:
4
Icon 1 posted January 28, 2012 06:32      Profile for Zwilnik   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
quote:
Originally posted by dragonman97:
As to the link saying "stop pointing only at Apple," that strikes me a bit as defending Apple as far too many do. Certainly other companies use Foxconn, and they might be 'equally in the wrong,' but the fact is, everyone fawns over and worships at the altar of Apple and expects the most of them. It's only fair for them to take their fair share of flak as well. Additionally, if this is written about the 'all mighty and wonderful Apple,' a far larger group of people may take notice than if it's say...Samsung.

--
Written on my Apple laptop.

The point is that all the other companies using Foxconn and other manufacturers across China are a lot worse than Apple and that Apple's the only computer company using Chinese factories that's actually trying to improve things. However Apple's current success makes them a nice easy target for anyone who feels a bit underachieving or just plain hates Apple, so it's an easy news story to have a go at them.
Not saying Apple's got it perfect, but they're at least improving things, while Samsung et al, are just using whatever's cheapest. We do expect Apple to be the best, so we're all still expecting Apple to improve things even more.

--------------------
The Universe is entirely made up of elements.
The most important of which is the element of surprise.

Posts: 1040 | From: West Sussex, UK | Registered: Dec 2000  |  IP: Logged


All times are Eastern Time  
Post New Topic  New Poll  Post A Reply Close Topic    Move Topic    Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:

Contact Us | Geek Culture Home Page

2015 Geek Culture

Powered by Infopop Corporation
UBB.classicTM 6.4.0



homeGeek CultureWebstoreeCards!Forums!Joy of Tech!AY2K!webcam