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The Forum > Article Comments > Biting into Apple: the giant's revenues fall > Comments

Biting into Apple: the giant's revenues fall : Comments

By Binoy Kampmark, published 10/1/2019

The United States has not made matters easy for the Apple bottom line in its trade war spat with Beijing.

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A thirty-year, ivy league, study that followed 300 economists for thirty years found, that as their fame and incomes grew their success at predicting economic outcomes fell. And on average scored no better than a dart throwing monkey.
Alan B
Posted by Alan B., Thursday, 10 January 2019 10:55:06 AM
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I think the Apple executives are living in an Ivory tower and lost touch with the consumer base.
$2500 for a phone what do they expect, where's the entry level devices?

And why buy an Apple product, if all you're doing is paying for their chinese losses.

"The United States has not made matters easy for the Apple bottom line in its trade war spat with Beijing."
Under the TPP Apple probably could've sued the US for trade losses;
We've signed up to this, isn't that a bigger story?

To move your jobs overseas to exploit cheap labour;
http://www.dailymail.co.uk/news/article-2103798/Revealed-Inside-Apples-Chinese-sweatshop-factory-workers-paid-just-1-12-hour.html
Send your nations technology overseas into the hands of foreign governments;
And then sue the country of your founding for lost profits because they try to manage their economy...

"Investors ran off some $75 billion on the company's stocks."
Maybe it was overvalued by $75 billion?
Posted by Armchair Critic, Thursday, 10 January 2019 11:28:41 AM
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