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Author Topic: DING DING DING! Apple posts q1 2012 results: $13.06 billion profit on $46.33 billion in revenue [Locked]
Eternal_Midnight  2 stars
Posts: 424
Registered: 2000-5-11 13:44:32
I just don't really understand why you post about how their conditions are awful and horrible it all is. It concerns me that this is the way things are, but I'm not going to pretend like it doesn't benefit me. The devices I'm using to write this message were undoubtedly crafted somewhere with poor working conditions.

I should be upset by it, but I'm really not. And neither are you. So stop pretending.

 

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We have not inherited the Earth from our parents, we have borrowed it from our children.
dae_trist  4 stars
Posts: 1,049
Registered: 2003-6-5 13:32:39
Heladric posted:

Lotta dumb people out there buying overpriced, underperforming products.

 

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"templars heal for like 300-400 a heal"
"wardens do waht 40 dps at most? friars do 600 dps"
"well maybe the aoe taunt that bains had..."
"Eck theurg pets are unstunnable..." -- bryldan
Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
If it makes you feel better to assume everyone is like you, you should definitely think that.
dae_trist  4 stars
Posts: 1,049
Registered: 2003-6-5 13:32:39
Some notes: China already has labor laws and a minimum wage as well as mandatory maternal leave and paid vacations - the problem is enforcement. The lower to middle class consumers in the developed world would have far fewer options if their minimum wage was raised too high, though. And if "jobs" were brought back to America via laws, they'd be given to robots, because they're cheaper than American workers.

Chinese wages have been rising 10-15% a year for almost two decades now. The notion that China is "successful" because it runs on "cheap labor" and no environmental protections is retarded - wages and standards are even worse in India, Africa and much of Southeast Asia but no one moves there because their infrastructure is garbage and it costs 10-100x more to ship things within and out of said regions. Another draw is that the Chinese government is proactive and subsidizes foreign companies entering the nation by externalizing costs - either by paying partially or fully for the living costs of their poorest workers (food, health, education, housing, sanitation) or providing generous funding or support.

tl;dr the right thing to do would be for American bankers and warhawks to stop making Southeast Asia, Latin America, Africa and the Middle East poor in the first place (as well as stop destroying the American lower and middle classes) so there are more consumers on the planet. That would actually provide jobs for millions of Americans.

 

-----signature-----
"templars heal for like 300-400 a heal"
"wardens do waht 40 dps at most? friars do 600 dps"
"well maybe the aoe taunt that bains had..."
"Eck theurg pets are unstunnable..." -- bryldan
Eager_Igraine  4 stars
Posts: 1,036
Registered: 2002-11-21 11:55:52
dae_trist posted:

China is "successful" because it runs on "cheap labor" and no environmental protections.

the Chinese government subsidizes foreign companies entering the nation.



/fact

 

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I radiate more heat than light.
I know what you're trying to do but you're just sailing another failboat over the falls. - imaloon1
dae_trist  4 stars
Posts: 1,049
Registered: 2003-6-5 13:32:39
China's still relatively poor. People need to stop using GDP growth as a proxy for how "good" the economy is. But their success in development is owed largely to well-placed investments, not "cheap labor". Chinese people are more expensive to hire than Indians, Southeast Asians, most Latin Americans and Africans. They just have better infrastructure so it makes more economic sense to get your stuff made there.

 

-----signature-----
"templars heal for like 300-400 a heal"
"wardens do waht 40 dps at most? friars do 600 dps"
"well maybe the aoe taunt that bains had..."
"Eck theurg pets are unstunnable..." -- bryldan
Eager_Igraine  4 stars
Posts: 1,036
Registered: 2002-11-21 11:55:52
Eager_Igraine posted:

http://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html?_r=1


Quote:

posted:

Apple executives say that going overseas, at this point, is their only option. One former executive described how the company relied upon a Chinese factory to revamp iPhone manufacturing just weeks before the device was due on shelves. Apple had redesigned the iPhone’s screen at the last minute, forcing an assembly line overhaul. New screens began arriving at the plant near midnight.


A foreman immediately roused 8,000 workers inside the company’s dormitories, according to the executive. Each employee was given a biscuit and a cup of tea, guided to a workstation and within half an hour started a 12-hour shift fitting glass screens into beveled frames. Within 96 hours, the plant was producing over 10,000 iPhones a day.


“The speed and flexibility is breathtaking,” the executive said. “There’s no American plant that can match that.”

 

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I radiate more heat than light.
I know what you're trying to do but you're just sailing another failboat over the falls. - imaloon1
eodoll  4 stars
Posts: 1,028
Registered: 2002-2-14 12:35:42
dae_trist posted:

China's still relatively poor. People need to stop using GDP growth as a proxy for how "good" the economy is. But their success in development is owed largely to well-placed investments, not "cheap labor". Chinese people are more expensive to hire than Indians, Southeast Asians, most Latin Americans and Africans. They just have better infrastructure so it makes more economic sense to get your stuff made there.



China is the worlds cheap labor pool - thats the role the chinese industry has crafted for itself. And indians are dying to be the cheap labor pool of the world...

When a country talks bout how they have so many people (slaves) as their greatest advantage then there you have it. China has too many people now, how can they all even get 5% of what the upper class of china enjoys? Never gonna happen.
Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
dae is right about infrastructure being important.


You could hire "workers" for much less than they pay those chinese wage slaves in many parts of africa. But it doesn't make sense because assembly is only about 5% of the value of the product so your wage savings are small and they don't have functioning roads (or governments) in that part of the world.


China is not just about cheap wages. It is about cheap wages with a functioning state and decent transportation system.
eodoll  4 stars
Posts: 1,028
Registered: 2002-2-14 12:35:42
I know.. India would love to become the cheap labor pool of the world. For now china has top honors for that.

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