Current Events > Apple is officially the first trillion dollar company

(+) Yeah! (+)

Suck it bezos!
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American ingenuity and capitalism at its best. Believe me.
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Market cap
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!
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Friend just informed me of this.

Dark timeline.
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they should be forced to give all of their wealth to poor people
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Damn, I seriously thought it would be a couple more years.
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Who's buying all this shit
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Crazy how inferior tech can be so popular
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Apple tearin asses apart in this motherfucka.
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YET THey still had to slow down my phone >:(
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gmanthebest posted...

Crazy how inferior tech can be so popular

There's really not that much wrong with the tech itself, its the price that's shitty about it.
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Minute posted...

There's really not that much wrong with the tech itself

Apple products are literally garbage

Solid Snake07 posted...

Suck it bezos!

He still makes far, far more than any single executive at Apple. I don't think he's losing any sleep over it.
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TheMarthKoopa posted...

Minute posted...

There's really not that much wrong with the tech itself

Apple products are literally garbage

explain
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Minute posted...

explain

You can pay less for other products that are objectively superior in every aspect

That makes apple products meaningless, AKA, garbage

oh so you're just parroting what the talking heads say.

Apple products are definitely overpriced, but disregarding money, their products are quality and definitely have their place.
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I'm going to be getting that new Mac Book Pro soon

Hyped
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Minute posted...

Apple products are definitely overpriced, but disregarding money, their products are quality and definitely have their place.

What place?

Explain what purpose being more expensive but somehow worse than the competition has any sort of worthwhile place

Oh look, MarthKoopa thinks we value his opinion.
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To be fair Apple hardware is very well designed and built. Not well built enough for the ripoff price tags and expensive proprietary bullshit though.
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None of my Apple stuff has broken so far, and it's all pretty old. I'd say 4/4 on high quality shit is good enough for me to say that their hardware is objectively well-made.

Apple stuff is also free to me.
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sktgamer_13dude posted...

Oh look, MarthKoopa thinks we value his opinion.

I mean, if I ever needed an opinion on an anime figurine to purchase or what body pillows are best, hed be the one to turn to. Thats about it though
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AlephZero posted...

they should be forced to give all of their wealth to poor people

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Holy shit
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TheMarthKoopa posted...

Minute posted...

Apple products are definitely overpriced, but disregarding money, their products are quality and definitely have their place.

What place?

Explain what purpose being more expensive but somehow worse than the competition has any sort of worthwhile place

Having all of your devices linked in a way anyone can figure out. A lot of people value that, and apple knows that. There's a reason they've been as successful as they are. Apple and samsung are the only major phone players, and as someone whose had both and currently has a galaxy, apple is winning
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i own 0 apple products

but quite a bit of apple stock

its been good to me.
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HylianFox posted...

Who's buying all this shit

Berkshire
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TheMarthKoopa posted...

Minute posted...

Apple products are definitely overpriced, but disregarding money, their products are quality and definitely have their place.

What place?

Explain what purpose being more expensive but somehow worse than the competition has any sort of worthwhile place

The place is the trash can
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Eat your heart out Microsoft
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Solid Snake07 posted...

Having all of your devices linked in a way anyone can figure out.

Read: Trapped in a single ecosystem which makes it incredibly difficult to stop using their products if they begin doing something you don't like.
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Theyre valued at a trillion dollars, meanwhile they contribute nothing in taxes and just announced yesterday that they are removing their App Store affiliate program lol
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apple stock is their true product. they spend far more money on it than any other
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Romulox28 posted...

Theyre valued at a trillion dollars, meanwhile they contribute nothing in taxes and just announced yesterday that they are removing their App Store affiliate program lol

https://www.wsj.com/articles/apple-to-pay-38-billion-in-repatriation-tax-plans-new-u-s-campus-1516215419

Apple Inc. said it would pay a one-time tax of $38 billion on its overseas cash holdings and ramp up spending in the U.S., as it seeks to emphasize its contributions to the American economy after years of taking criticism for outsourcing manufacturing to China.
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Romulox28 posted...

Theyre valued at a trillion dollars, meanwhile they contribute nothing in taxes and just announced yesterday that they are removing their App Store affiliate program lol

This is just a straight up lie
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so many of our works macbooks are dying

the "build quality" that apple is known for is definitely a thing of the past
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@Romulox28

https://www.apple.com/newsroom/2017/11/the-facts-about-apple-tax-payments/

Apple believes every company has a responsibility to pay its taxes, and as the largest taxpayer in the world, Apple pays every dollar it owes in every country around the world. Were proud of the economic contributions we make to the countries and communities where we do business.

The debate over Apples taxes is not about how much we owe but where we owe it. As the largest taxpayer in the world weve paid over $35 billion in corporate income taxes over the past three years, plus billions of dollars more in property tax, payroll tax, sales tax and VAT. We believe every company has a responsibility to pay the taxes they owe and were proud of the economic contributions we make to the countries and communities where we do business.

Under the current international tax system, profits are taxed based on where the value is created. The taxes Apple pays to countries around the world are based on that principle. The vast majority of the value in our products is indisputably created in the United States where we do our design, development, engineering work and much more so the majority of our taxes are owed to the US.

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Solid Snake07 posted...

This is just a straight up lie

he's quoting their number on international profits taxes, due to the way they route all their operating income to apple ireland, which in turn pays a 0.005% tax rate

in the US they pay 25% tax and a total of 15.8b in 2017

expect it to be more in 2018, but far, far less in 2019
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He didn't say anything about international profit. He said that they contribute nothing in taxes which is factually incorrect. And with regards to Ireland, you should read their statement on what actually happens there.

And with regards to the tax rate...we'll have to see if their lower tax rate materializes into more tax revenue contributions once they invest money into their new headquarters, hire more people, expand R&D, etc.
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TheMarthKoopa posted...

Minute posted...

Apple products are definitely overpriced, but disregarding money, their products are quality and definitely have their place.

What place?

Explain what purpose being more expensive but somehow worse than the competition has any sort of worthwhile place

*Looks at tech reviews*

Yeah doesn't seem like anyone agrees with you that it's worse. Except maybe for a few nerds on CE. Also, the iPhone is priced much like their competitors.
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Hmm, I thought it would have been Disney.
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Apple is paying a severely reduced rate. They've been rewarded with this lower rate thanks to all the tax avoidance they've been doing. Fuck Apple and their shitty products designed by morons for morons.
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Tax avoidance is legal. Cry more. They still contribute a shit ton of money that wouldn't otherwise exist.
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FLUFFYGERM posted...

Tax avoidance is legal. Cry more. They still contribute a shit ton of money that wouldn't otherwise exist.

If murder was legal, would you be okay with it? Slurp some more. By the way, Apple doesn't print money. That money would have existed regardless. Typical Apple fanboy...
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1337toothbrush posted...

FLUFFYGERM posted...

Tax avoidance is legal. Cry more. They still contribute a shit ton of money that wouldn't otherwise exist.

If murder was legal, would you be okay with it? Slurp some more. By the way, Apple doesn't print money. That money would have existed regardless. Typical Apple fanboy...

Murder isn't legal and it isn't comparable to using accounting practices to maximize your income. You're begging the question.

Apple's contributions wouldn't have existed if Apple didn't exist. There isn't some predefined amount of wealth out there. It has to be created. Apple's percentage might not be as high as you'd want but the tax revenue they contribute is still enormous. In the case of Ireland it's some 7 or 8 percent of the entire country's corporate tax revenue.

I don't even own an Apple product. I have a Macbook Pro at work but it's the company's machine.
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FLUFFYGERM posted...

1337toothbrush posted...

FLUFFYGERM posted...

Tax avoidance is legal. Cry more. They still contribute a shit ton of money that wouldn't otherwise exist.

If murder was legal, would you be okay with it? Slurp some more. By the way, Apple doesn't print money. That money would have existed regardless. Typical Apple fanboy...

Murder isn't legal and it isn't comparable to using accounting practices to maximize your income. You're begging the question.

Apple's contributions wouldn't have existed if Apple didn't exist. There isn't some predefined amount of wealth out there. It has to be created. Apple's percentage might not be as high as you'd want but the tax revenue they contribute is still enormous. In the case of Ireland it's some 7 or 8 percent of the entire country's corporate tax revenue.

I don't even own an Apple product. I have a Macbook Pro at work but it's the company's machine.

Yet you feel the need to defend them. I guess you're just a sucker for the rich. You don't even understand what an analogy is. My example served its purpose of showing why your argument of "it's legal therefore it is okay" is moronic.

Apple sells overpriced trash. They're a marketing company first and foremost. The only wealth Apple has "created" is for its owners, by overcharging dumbasses for shitty hardware. That we get back a tiny fraction of a ridiculously giant amount of money doesn't make it better. They should've been paying a higher rate. The loophole exists solely for rich assholes to hoard more wealth. They shouldn't be rewarded for exploiting it. The laws are written by the rich to serve the rich. That you aren't concerned about this and in fact are actually defending such practices speaks volumes. Go thatch your roof.
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1337toothbrush posted...

Yet you feel the need to defend them. I guess you're just a sucker for the rich. You don't even understand what an analogy is. My example served its purpose of showing why your argument of "it's legal therefore it is okay" is moronic.

Reasoning by analogy instead of by first principles means you have no argument.

1337toothbrush posted...

Apple sells overpriced trash. They're a marketing company first and foremost. The only wealth Apple has "created" is for its owners, by overcharging dumbasses for s***ty hardware.

Their products have consistently good reviews. Not perfect but they make good shit and people still buy it for a reason. They also kickstarted the immense innovation in smartphones that opened up entirely new markets and the potential for trillions in yearly global economy. They are iconic.

1337toothbrush posted...

That we get back a tiny fraction of a ridiculously giant amount of money doesn't make it better. They should've been paying a higher rate. The loophole exists solely for rich a******s to hoard more wealth. They shouldn't be rewarded for exploiting it. The laws are written by the rich to serve the rich. That you aren't concerned about this and in fact are actually defending such practices speaks volumes. Go thatch your roof.

They contribute a ton and hire a ton. Sales tax, income tax, property tax, etc. They want to invest more in the American economy. We benefit a lot from Apple's contributions to the economy and government.

It's basic math that someone who makes more money will have more money left over if tax rates are reduced. Complaining about that as if it is self-evident that it is wrong is childish. Whine more, these tears are delicious.
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I haven't bought an Apple product in my life

FLUFFYGERM posted...

1337toothbrush posted...

Yet you feel the need to defend them. I guess you're just a sucker for the rich. You don't even understand what an analogy is. My example served its purpose of showing why your argument of "it's legal therefore it is okay" is moronic.

Reasoning by analogy instead of by first principles means you have no argument.

You: "It's legal, therefore it's fine"

Me: "If murder was legal, would it also be fine?"

You: "THAT DEOSNT COUNT!!1 FIRST PRINCILIPLEPLIS"

Your argument is shit.

FLUFFYGERM posted...

1337toothbrush posted...

Apple sells overpriced trash. They're a marketing company first and foremost. The only wealth Apple has "created" is for its owners, by overcharging dumbasses for s***ty hardware.

Their products have consistently good reviews. Not perfect but they make good shit and people still buy it for a reason. They also kickstarted the immense innovation in smartphones that opened up entirely new markets and the potential for trillions in yearly global economy. They are iconic.

People buy it thanks to great marketing. It consistently gets good reviews because it works, but given the price it had better fucking work. Price-to-function, it's dogshit. You act as if nobody else was going to come up with a smartphone with a touchscreen interface.

FLUFFYGERM posted...

1337toothbrush posted...

That we get back a tiny fraction of a ridiculously giant amount of money doesn't make it better. They should've been paying a higher rate. The loophole exists solely for rich a******s to hoard more wealth. They shouldn't be rewarded for exploiting it. The laws are written by the rich to serve the rich. That you aren't concerned about this and in fact are actually defending such practices speaks volumes. Go thatch your roof.

They contribute a ton and hire a ton. Sales tax, income tax, property tax, etc. They want to invest more in the American economy. We benefit a lot from Apple's contributions to the economy and government.

It's basic math that someone who makes more money will have more money left over if tax rates are reduced. Complaining about that as if it is self-evident that it is wrong is childish. Whine more, these tears are delicious.

Are you counting the taxes that the employees pay (income tax) and customers pay (sales tax) as taxes that Apple has to pay? That's fucking disingenuous. Apple has skipped out on massive amounts of corporate taxes they owed if not for a loophole set up by rich people to hoard tons of money while everyone else (YOU included, by the way) has to pay way more taxes proportionate to their income to make up for those greedy assholes. If pointing out this injustice is being childish, then I'd rather be that than a fucking moron. It's your prerogative if you delight in getting bent over by the rich, but you're the only one looking silly by defending them and gloating about it.
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