Everything is fine. The sky is not falling. Our sales did not have any issues. They 'just' stopped growing. Completely. When they were growing hugely the last few years. But everything is fine!
No one really believes that, least of all the heads of Xiaomi.
Every company is judged on their past performance. When companies whose sales used to grow >100% per year end up essentially flat, something has changed in their business. And probably not for the better.
Nice. Every financial person spews this 'maximize shareholder value' bullshit as fact/law, but it's just not true. It was made up in the 1970s to justify cost cutting at a national level.
Is it really any different than military contractors? The ones that kill, the ones that build things, the ones that blow up things, the ones that 'protect' our military (wtf?), etc, etc. All for a big pay day.
Everybody in America is just one break away from being a millionaire. Delusions of grandeur it's called. But without it, the modern Republican party wouldn't exist.
In middle/high school (1980s), my home encyclopedia didn't have anything about the space shuttle. Couldn't afford to buy a new one, lived far from the library. Didn't learn much about it.
Slashdot Mirror
LOL.
Everything is fine.
The sky is not falling.
Our sales did not have any issues.
They 'just' stopped growing. Completely.
When they were growing hugely the last few years.
But everything is fine!
No one really believes that, least of all the heads of Xiaomi.
Every company is judged on their past performance. When companies whose sales used to grow >100% per year end up essentially flat, something has changed in their business. And probably not for the better.
No, it's much lower than that. This is the perfect example of using tax loopholes.
https://en.wikipedia.org/wiki/...
Doesn't Apple pay more tax than any other company?
They have billions here now, and they're not doing anything with it.
Well, other than investing abroad. Growing their businesses, building up the cash pile even further.
10% of thousands of billions is even more. Which is what is actually abroad.
Ireland. For foreign companies. with a few stipulations that corporations use to good advantage.
And what's the tax rate on those billions?
In other words, what's the net loss on those billions?
When they can play the waiting game for cheaper repatriation.
It's not your money, so you don't care.
Or legal tax dodges that the government put in the books. And many, many companies use.
Do you take a tax deduction on your house, student loans, etc? No different than what the companies are doing.
Don't like it? It's actually Congress' fault.
But it's ok because it's in 'Merica.
Nice. Every financial person spews this 'maximize shareholder value' bullshit as fact/law, but it's just not true. It was made up in the 1970s to justify cost cutting at a national level.
Lots of smoke means you're in trouble though. At a minimum, getting lung cancer.
Is it really any different than military contractors? The ones that kill, the ones that build things, the ones that blow up things, the ones that 'protect' our military (wtf?), etc, etc. All for a big pay day.
I'll waste my vote to write one in then.
Ohhh, such a burn.
And yet these companies keep the cash out of the US. I wonder why?
Everybody in America is just one break away from being a millionaire. Delusions of grandeur it's called. But without it, the modern Republican party wouldn't exist.
New?
In middle/high school (1980s), my home encyclopedia didn't have anything about the space shuttle. Couldn't afford to buy a new one, lived far from the library. Didn't learn much about it.
Well, Trump seems to want to, so sure why not?
Yes, worlds wealthiest company is run by idiots. News from people who don't know verb tenses.
Thanks for that wonderful insight, CNN talking head.
Smarter people than us don't think that.
http://www.asymco.com/2016/03/...
I bought AAPL at about the iPod time. My costs are a split adjusted $6. Unfortunately, I only had $100 to invest in it.
It's not like it's hard to google that....
https://en.wikipedia.org/wiki/...
And, yes, taxes ARE a form of subsidy. And it's clear when companies with billions in profit don't pay taxes.
Including direct subsidies, manufacturing credit, tax credit, etc, yes it's probably in that same range.