Quote:
Originally Posted by Fuzz
Some, yes. But they are also hoarding yuuuge amounts of cash(lover $200 billion). The point is, they could afford to pay workers more, and choose not to.
|
I agree but too often corporate profits are vilified as excess when really they are the dividends/ underlying stock value that supports everyone's retirement.
Moving manufacturing to the US or increasing oversees Labour would have an impact on shareholder value. Presuming they can't increase the price more manufacturing all iPhones in the US would cost about 7.2 billion more (100 *72million). Apple makes about 50 billion a year so you are looking at losing about 15% of profits. So their value would drop by roughly the same amount.
Can they afford it? Yes, is there an impact to every pension fund? Yes.