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A comment on Apple tells suppliers to produce 10% fewer new iPhones. Parent comment

Re:Apple tells suppliers to produce 10% fewer new iPhones by CoolGuySteve on Wednesday January 09, 2019 @03:19AM (#18863175)
Yes. It is illegal to lie to shareholders in the US and I refer you to the quote above.
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Re:Apple tells suppliers to produce 10% fewer new iPhones by a11595 on Wednesday January 09, 2019 @05:17AM (#18863678)
Umm, no. It is illegal to lie on a financial statement. It is not a lie if your corp statement is a theory of why a foreign market has declined.
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Re:Apple tells suppliers to produce 10% fewer new iPhones by icebraining on Wednesday January 09, 2019 @05:30AM (#18863721)
Yes, but taobility was wondering whether China had such a large impact on Apple's sales, not why.
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Re:Apple tells suppliers to produce 10% fewer new iPhones by barkingcat on Wednesday January 09, 2019 @07:20AM (#18864176)
this is impossibly naive. Of course it's illegal to lie to shareholders, but guaranteed 100% of publicly traded companies do.

What's the SEC going to do? They are in furloughs right now and have no budget to go after anyone. Looking further ahead, if a company has enough money, they can buy off the SEC by getting laws passed that will let the do whatever they want.

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