Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Judge rules Apple executive lied under oath, makes criminal contempt referral

thebignewsletter.com

Post reply on HN
Print view View original

271–280 of 389 posts

Re: Judge rules Apple executive lied under oath, makes criminal contempt referral

#271

Post by philistine »

behnamoh wrote: post #90
philistine wrote: post #21

Tim Cook has overstayed his welcome. He should have left years ago at this point. That plus the fact that all his successors are built on the same nondescript mold he came out of, does not bode well for the strategic vision of Apple.

> Tim Cook has overstayed his welcome. This isn't the first time an influential leader (like Jobs) chooses the next leader only for everyone to realize the next person isn't a "leader" type, but rather someone who was put in charge to maintain the status quo, not tarnish the previous leader's legacy, and not come up with crazy new ideas.

Let me push back on that: Cook was an extraordinarily good choice as successor to Steve, but he also should have left a while ago.

Re: Judge rules Apple executive lied under oath, makes criminal contempt referral

#273

Post by TeaBrain »

burnte wrote: post #270
TeaBrain wrote: post #261

Earlier quoted context omitted.

Bloomberg reported that the shares fell because their sales in China under-performed estimates.

Since no one puts a reason down when they sell, it's all tea leaf reading.

There's always a story that can be thrown together for every price movement, although it looks like apple did miss sales estimates in China by several percent. Looks like they also withheld guidance on services growth.

Re: Judge rules Apple executive lied under oath, makes criminal contempt referral

#274

Post by [deleted] »

Imustaskforhelp wrote: post #262
TeaBrain wrote: post #261

Earlier quoted context omitted.

Bloomberg reported that the shares fell because their sales in China under-performed estimates.

By bloomberg, you mean bloomberg terminal or what exactly? Thanks for this information. I was genuinely confused after I had written this comment because well this information of epic games was already available 8 hours earlier so that had already been factored in the market 2 hours ago so I was confused as to why this change in 2 hours. Also, I would genuinely appreciate it if we could have a seperate HN thread just…

[deleted]

Re: Judge rules Apple executive lied under oath, makes criminal contempt referral

#275

Post by Imustaskforhelp »

sgerenser wrote: post #265
Imustaskforhelp wrote: post #262

Earlier quoted context omitted.

By bloomberg, you mean bloomberg terminal or what exactly? Thanks for this information. I was genuinely confused after I had written this comment because well this information of epic games was already available 8 hours earlier so that had already been factored in the market 2 hours ago so I was confused as to why this change in 2 hours. Also, I would genuinely appreciate it if we could have a seperate HN thread just…

Apple's earnings call is going on right now: https://finance.yahoo.com/news/apple-tops-q2-earnings-estima... The headline sounds positive, but apparently its not positive enough to keep the stock from dropping.

wow, this has dropped even further it was around 2.5 last time , now its 3.7 , these are in some serious Billion dollar loses.

I don't know but seeing so much money move so fast with such high velocity and such corrections in minutes and thus losing or making billions. I really want stability and it does seem to me that in some sense I wish for every economy to be more comprised of small businesses which aren't changing their stock price in such drastic measures though I think such an opinion might be unpopular around here.

Re: Judge rules Apple executive lied under oath, makes criminal contempt referral

#276

Post by jongjong »

I wish the government took more steps to fix the monopolizing forces in the system instead of focusing on antitrust.

The way the monetary system is set up guarantees that market monopolies will occur. The monetary playing field is centralized and asymmetric. It's a basically a system of privilege and handicaps on a broad spectrum. Then people are surprised that those with more privileges keep winning predictably and form monopolies.

Re: Judge rules Apple executive lied under oath, makes criminal contempt referral

#277

Post by heavyset_go »

kagakuninja wrote: post #129
mullingitover wrote: post #83

Earlier quoted context omitted.

Kinda dishonest to cite that 30% number when most developers don't pay it. The fee has been 15% for years now if your revenues are under $1M.

And it is the same cut that console companies take from developers. And then when we point this out, people respond with some bullshit that consoles are not "general purpose computers"...

Free the consoles, too.

Re: Judge rules Apple executive lied under oath, makes criminal contempt referral

#278

Post by sparky_z »

dns_snek wrote: post #229
bauble wrote: post #205

Earlier quoted context omitted.

Innovators like Jobs are incredibly rare. We're lucky he chose someone who would not only preserve the company, but stave off the worst of the enshittification that has eaten Microsoft and HP. Cook is also surprisingly protective of privacy and civil rights. I'll take him over 99% of executives these days.

In what sense is Cook protective of privacy and civil rights? Apple collaborates with the government to the full extent that is required to have access to their market, irrespective of privacy and civil rights implications. China, for example.

In the sense that they don't go much much further than just the bare minimum required by government regulations from the various jusrisdictions they operate in, and they don't treat this overreach as their primary profit center, thereby incentivising themselves to push it as far as they think they can get away with, the way all the other major tech companies do?

Re: Judge rules Apple executive lied under oath, makes criminal contempt referral

#279

Post by [deleted] »

Osiris wrote: post #166
torben-friis wrote: post #7

>Internally, Phillip Schiller had advocated that Apple comply with the Injunction, but Tim Cook ignored Schiller and instead allowed Chief Financial Officer Luca Maestri and his finance team to convince him otherwise. Cook chose poorly. The real evidence, detailed herein, more than meets the clear and convincing standard to find a violation. Judging by tech, apple is right now in deep water due to the failure of deli…

Given that the CFO encouraged Cook to violate the court order tells me that they calculated that 1. Any fines for not complying would be less than what they would lose by complying 2. That no individual would suffer any consequences for blatantly disobeying a court order. In my opinion, the whole concept that a company can break the law but no human can be held responsible is insane. I really hope that criminal charg…

[deleted]

Re: Judge rules Apple executive lied under oath, makes criminal contempt referral

#280

Post by chongli »

jagged-chisel wrote: post #269
Imustaskforhelp wrote: post #257

I am not sure but it does seem that apple's stock price has taken a hit. https://finance.yahoo.com/quote/AAPL/ Maybe somebody could enlighten me but the off hours part shows -2.3%, is that a correction because people are losing faith in apple or what exactly? and would these off hours loses get converted to on hour losses or what exactly? (Sorry I could ask AI but I might as well ask here as well) So I had done some…

Apple didn’t lose money because their stock price dropped. All their shares out in the world lost that much value . The stock price has little, if any, affect on the company and its bank accounts.

If anything, it makes it cheaper for Apple to buy back shares!
Post reply on HN