Re:In China Trade War, Apple Worries It Will Be Collateral D...
by cityhomesteader on Tuesday June 19, 2018 @01:54PM
(#17348837)
> Why are people celebrating the downfall of Apple
Because Apple is a tax dodging corporate behemoth that kowtows to the chinese and exploits slave labor? Because Apple sells overpriced garbage to people who don't know better?
> the company that comprises 3.94% of S&P 500, and is probably the single biggest holding of 401K retirement accounts.
You are really overstating AAPL significance in ordinary people's retirement portfolio. Most americans have an insignificant 401k account. I think I read that the median 401k value last year was $26K. Of that appl represents almost nothing for most investors/retirees.
> No American benefits if Apple falls.
What? Americans/american companies competing with Apple benefits. To say no american benefits isn't true. Hell Exxon's future has more impact on americans' lives. Doesn't mean we can't criticize it or support clean energy.
Because Apple is a tax dodging corporate behemoth that kowtows to the chinese and exploits slave labor? Because Apple sells overpriced garbage to people who don't know better?
> the company that comprises 3.94% of S&P 500, and is probably the single biggest holding of 401K retirement accounts.
You are really overstating AAPL significance in ordinary people's retirement portfolio. Most americans have an insignificant 401k account. I think I read that the median 401k value last year was $26K. Of that appl represents almost nothing for most investors/retirees.
> No American benefits if Apple falls.
What? Americans/american companies competing with Apple benefits. To say no american benefits isn't true. Hell Exxon's future has more impact on americans' lives. Doesn't mean we can't criticize it or support clean energy.