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And you dear sir have nothing better to do than resort to inane name calling behind the comfort of your keyboard.
This thread is amusing!
And you dear sir have nothing better to do than resort to inane name calling behind the comfort of your keyboard.
"Name calling" behind the comfort of a keyboard started earlier in this thread. It's actually very common in Apple threads.
This thread is amusing!
Ye, and another has just kicked off.
EDIT: http://mybroadband.co.za/vb/showthread.php?t=500464
Top tech companies to work for
Bevonk baited it already![]()
And a special thanks go out to the Admins/refs here who allow the Geek Fu to continue without messing up the game with too much whistle blowing.
I'm a self confessed BlackBerry fanboy who has persisted with buying the handsets they put out and will continue to do so but that doesn't stop me from giving Apple their due. And yes, I do hate what Samsung as a whole stands for but that doesn't change the fact that the S3 is an amazing device. It's just a device I will never buy.And you dear sir have nothing better to do than resort to inane name calling behind the comfort of your keyboard.
"Name calling" behind the comfort of a keyboard started earlier in this thread. It's actually very common in Apple threads.
Yep he should start calling me iSir
On a more serious note hush9300 you get offended by monikers that were self imposed when showed your strong bias towards Apple products in another thread so should we just ignore that and take everything you say on the subject as true?
In fact most of the first posters(the Apple fans) on this thread have shown that common sense doesn't count and they felt somehow sad that Apple is making less profit of us.How is that rational at all?
Calling me out on my mangled metaphors... that's low.Cerebus, only in your imagination can a train wreck continue because in real life a train wreck is something that has STOP written all over it.
QFT"The train wreck continues" sounds like Apple's stock price.
I'm glad Apple is making less profits,I see the latest headlines on Microsoft bode the same for them-i.e more sales yet flat/less profits and thats fantastic for us as consumers.
Cerebus, only in your imagination can a train wreck continue because in real life a train wreck is something that has STOP written all over it. "The train wreck continues" sounds like Apple's stock price.
Slowing profits are not the reason for Apple's share price tanking either. There are various reasons that could explain the profit flatline like inventory constraints, research and development as well as new manufacturing processes with introduction of refreshed lines. The share price is tanking because investors, and rightly so, don't believe that Apple can continue on this growth spurt. I see this as Apple stock merely correcting itself.Calling me out on my mangled metaphors... that's low.Cerebus, only in your imagination can a train wreck continue because in real life a train wreck is something that has STOP written all over it.
QFT"The train wreck continues" sounds like Apple's stock price.
I'm glad Apple is making less profits,I see the latest headlines on Microsoft bode the same for them-i.e more sales yet flat/less profits and thats fantastic for us as consumers.
Slowing profits are not good for consumers at all; it means companies also slow down on R&D and competition. Thinner margins means worse business.
Slowing profits are not the reason for Apple's share price tanking either. There are various reasons that could explain the profit flatline like inventory constraints, research and development as well as new manufacturing processes with introduction of refreshed lines. The share price is tanking because investors, and rightly so, don't believe that Apple can continue on this growth spurt. I see this as Apple stock merely correcting itself.
Apple's investigation revealed some children had been recruited using forged identity papers. Photograph: Andy Wong/AP
Apple has discovered multiple cases of child labour in its supply chain, including one Chinese company that employed 74 children under the age of 16, in the latest controversy over the technology giant's manufacturing methods.
An internal audit found a flipside to the western consumer's insatiable thirst for innovative and competitively priced gadgets. It uncovered 106 cases of underage labour being used at Apple suppliers last year and 70 cases historically. The report follows a series of worker suicides over working conditions at Foxconn, the Taiwanese company that assembles must-have products such as the iPad and iPhone, and lethal explosions at other plants.
Apple's annual supplier report – which monitors nearly 400 suppliers – found that children were employed at 11 factories involved in making its products. A number of them had been recruited using forged identity papers.
The report uncovered a catalogue of other offences, ranging from mandatory pregnancy tests, to bonded workers whose wages are confiscated to pay off debts imposed by recruitment agencies. They also found cases of juveniles being used to lift heavy goods, workers having their wages docked as a punishment and one factory dumping waste oil in the toilets.
One Chinese supplier, a circuit board component maker called Guangdong Real Faith Pingzhou Electronics, was axed by Apple after 74 children under the age of 16 were recruited to work on its production lines. According to Apple, the children had been knowingly supplied by one of the region's largest labour agencies, Shenzhen Quanshun Human Resources. Its investigators found that the agency conspired with families to forge identification documents. Apple did not disclose the ages of the children involved, but its code of conduct states it will not employ workers under the age of 15, or under the legal working age in any jurisdiction – which is 16 in China.
Apple's chief executive, Tim Cook, who in a previous role was responsible for building Apple's supply chain, has been under pressure to push through changes after the suicides at Foxconn, whose manufacturing operations are largely based in China. Last September a brawl involving up to 2,000 workers forced Foxconn to close a plant in northern China.
Last year he described the use of underage labour as "abhorrent", saying it was "extremely rare in our supply chain", and stepped up measures to weed out bad practice including hiring an independent auditor, the Fair Labor Association.
"Underage labour is a subject no company wants to be associated with, so as a result I don't believe it gets the attention it deserves, and as a result it doesn't get fixed like it should," said Jeff Williams, senior vice president of operations at Apple. He vowed to eradicate the practice, but said it could take some time.
At Pingzhou, the children were returned to their families and the employer was "required to pay expenses to facilitate their successful return". Although 95% of the facilities scrutinised by Apple complied with child labour laws, transgressors were told to return minors to a school chosen by their family, pay for their education, and give them an income equal to their factory wages.
Bonded labour was discovered at eight factories. In order to find work, some foreign labourers pay fees to a string of recruitment agencies and sub-agencies, amassing huge debts. Their wages are then automatically handed over to pay the debts, tying them to jobs until the balance has been paid off.
Apple ordered its suppliers to reimburse excessive recruitment fees – anything higher than one month's wages – and said $6.4m (£4m) was handed back to contract workers in 2012.
Investigators found 90 facilities that deducted wages to punish workers, prompting Apple to order the reimbursement of employees. Mandatory pregnancy testing was found at 34 places of work, while 25 tested for medical conditions such as hepatitis B. At four facilities, payroll records were falsified to hide information from auditors, and at one, a supplier was found intentionally dumping waste oil "into the restroom receptacle".
Apple said it took measures to protect whistleblowers, and that it made 8,000 calls last year to workers interviewed by auditors in order to find out if they had suffered intimidation.
I fully agree with you that this is the reason for the share price drop. But even if Apple's growth completely stopped from this level on, their share price is still undervalued. Google is sitting at $753.67 today and climbing comfortably, having just announced profit of $2.9billion (up from 2.7bil last year). Apple's profit was 4x that amount, and their share price sits at $430 with investors fleeing the shores.
.........I'm a blackberry AND Apple fanboy blah blah blah....
You on the other hand, as I've said before, are a sheep as well. Just a sheep on another farm masquerading as a freedom fighter for consumer rights as if high end Android or Windows mobile phones are any less profitable than an iPhone. The problem those manufacturers have is market dilution by putting out cheap handsets which is eating into their profitability.
Blindly praising a certain brand is certainly a form of fanboyism but so is blindly criticising another because you happened to stumble upon something else that works for you, which is the category you fall under. It is a thinly veiled attempt at creating the impression that you're impartial when the truth is Nobody, and I mean nobody is impartial.
Back on to the profitability issue... If you're mad because Apple is highly profitable, which the last quarter again proved, in their market segment then I'm afraid you have some serious issues.
Slowing profits are not good for consumers at all; it means companies also slow down on R&D and competition. Thinner margins means worse business.
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Do want!!!
Share pricing is not all about announced profits or previously announced profits because those are already factored in to the share price at any given time but rather, and more importantly, about potential future cash flows.Slowing profits are not the reason for Apple's share price tanking either. There are various reasons that could explain the profit flatline like inventory constraints, research and development as well as new manufacturing processes with introduction of refreshed lines. The share price is tanking because investors, and rightly so, don't believe that Apple can continue on this growth spurt. I see this as Apple stock merely correcting itself.
I fully agree with you that this is the reason for the share price drop. But even if Apple's growth completely stopped from this level on, their share price is still undervalued. Google is sitting at $753.67 today and climbing comfortably, having just announced profit of $2.9billion (up from 2.7bil last year). Apple's profit was 4x that amount, and their share price sits at $430 with investors fleeing the shores.
Why are you always such a snotty little brat? It was a friendly enough post.So go buy it already and stop with your iwet dreams already.Why are you not buying your precious iphones yet?