Apple posts the biggest quarterly profit in history

HEADRAT said:
So you accept that Governments are looking to change the laws to stop Apple and other companies offshoring their profits in tax havens?

I thought you said you'd already written to your MP:



So unless you like writing futile letters you must think it has some impact?
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No I don't think it does have any impact. I still think the game should be played.
 
HEADRAT said:
Not just tech, clothes as well, just look at Primark
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India is a huge market for the manufacture of textiles and clothing and conditions there are even worse than China. At least in most factories in China you don't have to worry about the factory owner illegally adding several floors to the factory to increase production and the threat of the factory collapsing in on top of you.

http://en.wikipedia.org/wiki/2013_Savar_building_collapse
 
Spook187 said:
Do you consider i-phones cheap because i just don't see it.
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As someone who has designed many products I can see the substantial cost in it.... it's a top end phone at the top end of the prices for phones.

You would be surprised the sheer amount of work that goes into producing something like a IP6, from design, development to tooling, materials and labor.

It's cheap for what you are getting (many times more power than a cray supercomputer from the 80s I believe in your pocket)...

someone here mentioned 40% margins, very nice indeed. Every manufacturer loves a good margin, but that is a really good one, shows they have a good product that is desirable. You price a product for maximum profit (end user price vs sales volumes), it's called business!
 
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Rossi~ said:
Foxconn are responsible for their work environment and staff. Apple have asked for their business to build their products, it's up to Foxconn to take care of their end and make sure it happens. IMO it's not down to Apple, it's up to the supplier.

Foxconn are huge and make shed loads of profit too, why can't they take a drop in their margins and improve the welfare of their employees. Also, who's to say it wouldn't happen with another company Foxconn worked with.

At the end of the day Apple are a business, they will go where's cheap and reliable. Just like 99% of companies out there, including the one i work with now. We have suppliers in eastern Europe and China that get paid **** all. Don't hate the player, hate the game.
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I work in oil and gas and would "love" this type of blame shifting. The buck stops with the operator, just as BP were fined billions for something that wasn't necessarily entirely their fault. You hire the service company, you take the blame if they screw up.

The same should happen in other industries. We look at the history of service companies when they bid and take that into consideration when awarding contracts, in just the same way Apple (and all other companies should). If they don't, or value low cost over the ethics of the company they employ to build their products, then the buck should fall on them.

Apple have huge leverage over Foxconn and should use it to full effect. I guess on the flip side contracting and retooling another company would make huge dents in their income and cause significant delays and Foxconn know that.

All posted, slightly hypocritically from an iPhone...
 
weringo said:
One of the reasons I don't buy their products, their profit margins are ridiculously high for a company in their industry. Your paying a huge markup on the actual hardware cost of the device.

Fair play to them though.
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yea that profit per product is insane :O

I guess it's mostly due to the poor working conditions and hours the people on the production lines have.
 
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