Apple went from surely-about-to-collapse to most valuable companies ever | Hacker News Reader

Apple went from surely-about-to-collapse to most valuable companies ever

irishtimes.com

18 pointsrbanffy17 comments

All the more disheartening that they resort to all this sliminess when they're at the top.

I'd love to see an Apple that acknowledges the coil whine in Mac Studio and Studio Display. An Apple that does not distort the meaning of privacy, and markets ad watching as a premium experience.

Seriously.

But Apple, having been in that position, is now at the whim of public markets, who demand that profits don't stop increasing, no matter the means. Will this inevitably cause a distortion of Apple's previously stated values?

Probably, if not already.

Take notes, Elon. You already got the first part done over at Twitter, may as well shoot for the stars now.

Why don’t sites just respect the cookie settings of browsers instead of asking users each time. What a waste of the precious minutes of everyone’s lives.

http://archive.today/BLxzY

Irony this is in the Irish Times. Doesn’t apple dodge a ton of taxes by having an “office” in Ireland?

Why would they care? They're dodging EU taxes there, not Irish.

Why did you write it in quotes? Cork is their European HQ that employs more than 6000 people (and used to be a manufacturing facility before Apple outsourced manufacturing to Foxconn), not just some shell corporation that exists solely for one shady purpose.

So if you hire 6000 people in Ireland you can doge taxes for all the products sold in Europe, right?

No, why would you think Apple is that stupid. They hire 6000 employees because apparently people of Ireland are efficient, just like their government for corporations. They work for lower prices than alternatives so Apple likes them more.

Do you think they would hire those same 6000 people if the corp tax rate was higher in Irland?

Would you buy the same phone that you are using if it was 2x the price? I think you can use the same logic here.

Every country in the world sets its own taxation level for corporation tax and income tax. Ireland has lowish corporation tax 12.5%, soon to be 15%) and relatively high income tax, effectively ~%50 for high earners.

Even as a small company you can avail of that same corp tax rate.

Should the Irish government demand every other country raise income tax levels to make it "fair"?

If countries were serious about wanting corps to pay tax in their state, they would just raise VAT.

The rest is just smoke.

If you think the corporate tax thing is a bit much, up until the 00's there was two areas in the country that were entirely tax-free to operate in.

I'm sad I never got to take advantage of it, though there are still a load of companies still operating in there. GE being the most notable one, I think.

Also this all smells cartel behavior, except on global scale. Should we also demand the cheaper phone manufacturers increase their prices to match apple’s. Some countries are more efficient other more bloated.

Up until 2020 supposedly, unless they found another way around it.

https://en.wikipedia.org/wiki/Double_Irish_arrangement

Still inspiring on building a formidable brand

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