SoylentNews is people
SoylentNews
Paul Buchheit reports via Common Dreams
An emotional response to any criticism of the Apple Corporation might be anticipated from the users of the company's powerful, practical, popular, and entertaining devices. Accolades to the company and a healthy profit are certainly well-deserved. But much-despised should be the theft from taxpayers and the exploitation of workers and customers, all cloaked within the image of an organization that seems to work magic on our behalf.
1. Apple Took Years of Public Research, Integrated the Results, and Packaged it as Their Own
2. Even After Taking Our Research, Apple Does Everything in its Power to Avoid Taxes
3. Overcharging Customers
The manufacturing cost of a 16 GB iPhone 6 is about $200, and with marketing it comes to about $288. But without an expensive phone contract with Verizon, AT&T, or one of the other wireless carriers, the cost to the customer is at least $650.
4. Underpaying and Mistreating Employees
5. Apple Has Figured Out How to Spend Most of its Untaxed Money on Itself
Apple's View:
The tax-avoiding, research-appropriating, cost-escalating, wage-minimizing, self-enriching Apple Corporation has, according to CEO Tim Cook,[1] a very strong moral compass.
[1] Link in article redirects.
(Score: 5, Funny) by Runaway1956 on Wednesday May 20 2015, @03:06PM
"what *could* Apple have up its sleeves to justify having that much cash reserves?"
They are going to put 500 iEmployees aboard an iRocket, and send them to Mars to erect the first iDome to get the iColony started. Once all the iFans see how wonderful things are on iMars, they'll be fighting each other to enter indentured servitude to Apple in exchange for the privilege of living in the iColony. One million dollars, sign the indenture, and you're on your way. For five million dollars, you also get an autographed Steve Jobs artifact.
Looks like everybody wins!