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Apple commits $430B in US investments over five years

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Re: Apple commits $430B in US investments over five years

#81

Post by perardi »

mrweasel wrote: post #34
Daishiman wrote: post #32

Earlier quoted context omitted.

Don't forget 4. doing a good PR so that a Dem-controlled Congress doesn't push for repatriation of corporate cash reserves kept in tax havens.

$430B seems like more than you'd need for a good PR stunt.

I suspect they really were going to spend a significant chunk of this regardless, but they packaged it into a nice press release at a potentially fraught political moment.

And…$430 billion over 5 years is a lot, but what if it influences tax or tariff rates just a bit in your direction over a 10-year period? Because that could be worth it, especially, again, if you were going to set up that new campus anyway.

Re: Apple commits $430B in US investments over five years

#82

Post by JumpCrisscross »

anon_tor_12345 wrote: post #72
JumpCrisscross wrote: post #68

Earlier quoted context omitted.

> GP never implied that it was "useless" at all The announcement uses the word investment 17 times. Reading that as a charity pitch requires a few logical leaps. Companies announce foreign direct investment all the time. Nobody thinks they're trying to look like a charity.

the subtitle of the article is >The accelerated commitment will fund a new North Carolina campus and *job-creating investments* in innovative fields like silicon engineering and 5G technology other pull quotes from the article >Apple is doubling down on our commitment to US innovation and manufacturing with a generational investment reaching *communities across all 50 states* >Apple is the largest taxpayer in the US…

If you're a regular at a restaurant, and you point out to you friends that you've supported said restaurant, you are not claiming a charitable act. You are pointing out the consequences of your actions.

If someone wants to see that as charity, it speaks more to them than anything else. (And claiming your patronage was an act of charity would be rightfully seen as a diminishment of said business.)

Re: Apple commits $430B in US investments over five years

#83

Post by [deleted] »

delfinom wrote: post #52
jacobr1 wrote: post #45

Earlier quoted context omitted.

4. Apple was planning to do these things anyway as part of normal operations, and is just spinning them as "investment in the country"

Yep, all tech companies have seen the writing on the wall for overconcentrating their operations in California. People in general have become more and more hesitant to move there for a wide platitude of reasons from absurd cost of living to issues such as mass wildfires. They've realized that perhaps, just perhaps, they could afford to have more than one large corporate campus at their scale of fuck you money. Which…

[deleted]

Re: Apple commits $430B in US investments over five years

#84

Post by ABeeSea »

anon_tor_12345 wrote: post #72
JumpCrisscross wrote: post #68

Earlier quoted context omitted.

> GP never implied that it was "useless" at all The announcement uses the word investment 17 times. Reading that as a charity pitch requires a few logical leaps. Companies announce foreign direct investment all the time. Nobody thinks they're trying to look like a charity.

the subtitle of the article is >The accelerated commitment will fund a new North Carolina campus and *job-creating investments* in innovative fields like silicon engineering and 5G technology other pull quotes from the article >Apple is doubling down on our commitment to US innovation and manufacturing with a generational investment reaching *communities across all 50 states* >Apple is the largest taxpayer in the US…

None of that sounds like charity or even framed as charity. They need workers to work at these factories they are building. US workers don’t have those skills. So they need a training center for their business investment to work out.

Re: Apple commits $430B in US investments over five years

#85

Post by krferriter »

strikelaserclaw wrote: post #8
c-cube wrote: post #2

How about they pay taxes, for a start?

I get where you are coming from but what needs to change is the tax code, no public company, hell no normal individual, is going to pay more taxes than legally required.

The problem is they use the money they have to lobby and influence in favor of those beneficial tax loopholes and policies. It's a self-reinforcing cycle that we need to break.

Re: Apple commits $430B in US investments over five years

#87

Post by anon_tor_12345 »

JumpCrisscross wrote: post #82
anon_tor_12345 wrote: post #72

Earlier quoted context omitted.

the subtitle of the article is >The accelerated commitment will fund a new North Carolina campus and *job-creating investments* in innovative fields like silicon engineering and 5G technology other pull quotes from the article >Apple is doubling down on our commitment to US innovation and manufacturing with a generational investment reaching *communities across all 50 states* >Apple is the largest taxpayer in the US…

If you're a regular at a restaurant, and you point out to you friends that you've supported said restaurant, you are not claiming a charitable act. You are pointing out the consequences of your actions. If someone wants to see that as charity, it speaks more to them than anything else. (And claiming your patronage was an act of charity would be rightfully seen as a diminishment of said business.)

i have no idea what you're saying but you're bending over backwards to contrive some sort of hypothetical that's completely ignorant of corporate PR in general and apple's PR (with its "we're removing cables for the environment") in particular.

>If someone wants to see that as charity, it speaks more to them than anything else.

what does it say about you that you're so intent on absolving a corporate entity of its own disingenuity? like do you work for apple?

Re: Apple commits $430B in US investments over five years

#88

Post by skeeter2020 »

JumpCrisscross wrote: post #68
nanny wrote: post #63

Earlier quoted context omitted.

>Why do you think domestic investment is so economically useless GP never implied that it was "useless" at all. Your question (to use some more Latin) is a total non-sequitur. >there would be a twin top comment lamenting Apple's lack of domestic spending. Yes, different people have different opinions.

> GP never implied that it was "useless" at all The announcement uses the word investment 17 times. Reading that as a charity pitch requires a few logical leaps. Companies announce foreign direct investment all the time. Nobody thinks they're trying to look like a charity.

This is the exact same approach governments use when trying to go the other way: politically motivated hand-outs framed as "investments". It's a meaningless word in a PR statement.

Re: Apple commits $430B in US investments over five years

#89

Post by breck »

This is fantastic. Apples devices continue to be so groundbreaking (M1), it’s exciting that their culture of innovation and excellence will be spread more throughout the country. They will further seed the innovation hubs in all these places. I think it’s smart too, to gain new perspectives and tap new talent that doesn’t want to move to San Jose area.

Re: Apple commits $430B in US investments over five years

#90

Post by anon_tor_12345 »

ABeeSea wrote: post #84
anon_tor_12345 wrote: post #72

Earlier quoted context omitted.

the subtitle of the article is >The accelerated commitment will fund a new North Carolina campus and *job-creating investments* in innovative fields like silicon engineering and 5G technology other pull quotes from the article >Apple is doubling down on our commitment to US innovation and manufacturing with a generational investment reaching *communities across all 50 states* >Apple is the largest taxpayer in the US…

None of that sounds like charity or even framed as charity. They need workers to work at these factories they are building. US workers don’t have those skills. So they need a training center for their business investment to work out.

man you people are coming out of the woodwork to simp for apple; if what you're saying were true then the language wouldn't be so topical and timely (eg alluding to hbcus).
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