Apple CEO Tim Cook 'secretly' signed $275B deal with China in 2016

Re:Apple CEO Tim Cook 'secretly' signed $275B deal with Chin... by seanmcdirmid on Thursday December 09, 2021 @02:05AM (#29494679)

Vietnam has 90 million people. South Korea doesn’t have much scale, Japan has a bit, the numbers only start making sense if we could develop a supply chain throughout Indonesia, Malaysia, maybe using talent and capital from Singapore. Or India and South Asia, of course, if things were more stable. But alas, stability is important. And none of those regions are very stable.

> That's only inevitable b/c of Apple's political clout and relentless lobbying in here.

Apple is like .1% of the political clout and lobbying being brought to bear. Their only notability in this is that they are the only FAANG that has significant business in China.

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Re:Apple CEO Tim Cook 'secretly' signed $275B deal with Chin... by tooltalk on Thursday December 09, 2021 @02:26AM (#29494782)

>> Apple is like .1% of the political clout and lobbying being brought to bear

Sure, as Tim Apple testified before Congress, Apple pays the most tax in the US and is also the most valuable company in the world. I'm pretty sure there is nothing going on between Apple and American/Chinese gov't. /s

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Re:Apple CEO Tim Cook 'secretly' signed $275B deal with Chin... by pbhjpbhj on Thursday December 09, 2021 @10:14AM (#29498221)

>Apple pays the most tax in the US //

Interesting, how much, what percentage is that of Apple revenue and what percentage of total federal tax income?

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Re:Apple CEO Tim Cook 'secretly' signed $275B deal with Chin... by seanmcdirmid on Thursday December 09, 2021 @09:36PM (#29505823)

Companies pay taxes on profit, not revenue. Otherwise capital intensive industries like banks and oil companies would be screwed.

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