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iPhone maker Wistron quits, saying Apple didn't let it make a profit

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Re: iPhone maker Wistron quits, saying Apple didn't let it make a profit

#71

Post by jrockway »

jbverschoor wrote: post #65
karamanolev wrote: post #16

Earlier quoted context omitted.

They might have suspected, but I doubt they formally knew. I would guess it was a type of "don't tell me, I don't want to know, plausible deniability and all".

They probably didn’t tell bc they wouldn’t get the deal. Simple story. Just some more Apple bashing like always.

I would assume that Apple looked into it a little bit. US companies can get in trouble if their contractors abroad use slave labor, buy parts from the wrong country, or divert part of the contract to use as bribes. So I doubt this is a case where everyone at Apple laughed about how it was too good to be true, CC'd the lawyers, and the lawyers wrote back "yeah hahah".

At the end of the day, you can't always find everything even if you try really hard.

Re: iPhone maker Wistron quits, saying Apple didn't let it make a profit

#72

Post by nell »

cptskippy wrote: post #34
phone8675309 wrote: post #29

Earlier quoted context omitted.

They're using the Walmart playbook

The book The United States of Wal-Mart by John Dicker laid this all out pretty clearly nearly 20 years ago. * corrected spelling the author's name. ** https://www.amazon.com/United-States-Wal-Mart-John-Dicker/dp...

Does this book really exist? Google search on Amazon shows no results for this.

Re: iPhone maker Wistron quits, saying Apple didn't let it make a profit

#73

Post by lesuorac »

s1mon wrote: post #26
mannyv wrote: post #8

"We didn't understand our costs, so we underbid and now are blaming Apple." - Wistron

Yes, that's certainly a valid reaction, and is likely partially true. It's also true that Apple is very well known for very hard negotiation and squeezing their suppliers until there's only a few percent margin. You'd have to be insanely good at controlling all of your costs to make money all the time under that constraint. If yields change or component/material prices fluctuate the wrong way any predicted profit cou…

> Apple also pays suppliers on net 90.

I've always been surprised at how much of the business world runs on credit. You hear stories about how payments have been months-years delayed (or never show up).

I'd like to think if somebody got more than 100days behind I'd cut them off from the next shipment but never been in that spot.

Re: iPhone maker Wistron quits, saying Apple didn't let it make a profit

#74

Post by no_wizard »

nell wrote: post #72
cptskippy wrote: post #34

Earlier quoted context omitted.

The book The United States of Wal-Mart by John Dicker laid this all out pretty clearly nearly 20 years ago. * corrected spelling the author's name. ** https://www.amazon.com/United-States-Wal-Mart-John-Dicker/dp...

Does this book really exist? Google search on Amazon shows no results for this.

Appears the author's last name was a typo. Its John Dicker[0] not Decker

[0]: https://www.goodreads.com/en/book/show/312990

Re: iPhone maker Wistron quits, saying Apple didn't let it make a profit

#75

Post by willcipriano »

genr8 wrote: post #52
paulryanrogers wrote: post #32

Earlier quoted context omitted.

There be dragons. Better a high trust society with some checks and balances than one ruled by "don't write down anything" sociopaths.

tell that to the lawyers who make a living defending corporations and putting up legal firewalls of plausible deniability

If only incompetence was a crime.

Re: iPhone maker Wistron quits, saying Apple didn't let it make a profit

#76

Post by nervlord »

ralph84 wrote: post #58
5350-uiop-1130 wrote: post #13

https://nypost.com/2020/12/15/riots-at-apple-plant-in-india-... this is what apple does. they use their clout, then they turn their back and play ignorant whilst placing unrealistic demands on the subcontractors who then place those demand on the labour. from: https://www.macrumors.com/2023/02/14/only-half-of-indian-iph... > "Apple engineers told that Chinese iPhone suppliers and government officials have a "whatever…

> this is what apple does This is what globalism does. Take the environmental destruction and shitty working conditions that would never be allowed in your own country to other countries and centralize the profits from doing so into the hands of a few.

[dead]

Re: iPhone maker Wistron quits, saying Apple didn't let it make a profit

#77

Post by mistrial9 »

Centigonal wrote: post #37
CharlesW wrote: post #31

Earlier quoted context omitted.

> It's also true that Apple is very well known for very hard negotiation… No successful company is over-paying suppliers.

There's a difference between over-paying suppliers and being literally the best in the world at squeezing suppliers, which Apple is IMO. You can argue (and I will argue) that Apple's skill at squeezing their suppliers while still maintaining reliable supply chains is a huge part of why they're the biggest company in the world (and also why Tim Cook and not Scott Forstall or Jony Ive succeeded Jobs). That squeezing ha…

"those who do business with Dell, go out of business"

Re: iPhone maker Wistron quits, saying Apple didn't let it make a profit

#78

Post by cptskippy »

nell wrote: post #72
cptskippy wrote: post #34

Earlier quoted context omitted.

The book The United States of Wal-Mart by John Dicker laid this all out pretty clearly nearly 20 years ago. * corrected spelling the author's name. ** https://www.amazon.com/United-States-Wal-Mart-John-Dicker/dp...

Does this book really exist? Google search on Amazon shows no results for this.

I miss spelled the author's last name but the result still shows up:

https://www.amazon.com/United-States-Wal-Mart-John-Dicker/dp...

Re: iPhone maker Wistron quits, saying Apple didn't let it make a profit

#79

Post by HollywoodZro »

thatguy0900 wrote: post #66
mbesto wrote: post #55

Earlier quoted context omitted.

Ok, so what do people expect the alternative route is? It's a known strategy, that works, and increases profit if implemented correctly.

The alternative route people would prefer is for people in charge of these companies to act ethically and not try to squeeze everyone around them for every cent of profit possible. Especially if you're already one of the richest companies to ever exist. That's not very realistic, though, since sociopathy is essentially taught in business schools now.

> people in charge of these companies to act ethically and not try to squeeze everyone around them for every cent of profit possible

That's our stock market though. If Walmart isn't squeezing on costs, then it needs to make that up in gross revenue otherwise the stock will suffer.

Is it possible to be "ethical" in how you define it, when the financial market performance of the company is largely dependent on this?

Re: iPhone maker Wistron quits, saying Apple didn't let it make a profit

#80

Post by Dah00n »

jrockway wrote: post #71
jbverschoor wrote: post #65

Earlier quoted context omitted.

They probably didn’t tell bc they wouldn’t get the deal. Simple story. Just some more Apple bashing like always.

I would assume that Apple looked into it a little bit. US companies can get in trouble if their contractors abroad use slave labor, buy parts from the wrong country, or divert part of the contract to use as bribes. So I doubt this is a case where everyone at Apple laughed about how it was too good to be true, CC'd the lawyers, and the lawyers wrote back "yeah hahah". At the end of the day, you can't always find every…

You can make it yourself if it is important enough.
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