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atticus

Registered: Mar 2007
Posts: 12600

04-17-12 08:46 PM

Quote from keeptradin':

It's a shame when the highest quality company in the USA relies on goods made in Asian sweatshops under near slave-labor conditions to remain profitable.

http://www.nytimes.com/2012/03/30/b...?pagewanted=all

Let's hope there will be a sincere effort to remedy the situation, instead of a repeat of the previous initiatives that Apple has made.

It is what it is. All multinational corps outsource, save for the defense sector. Apple is a design firm.

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atticus

Registered: Mar 2007
Posts: 12600

04-17-12 08:46 PM

Quote from keeptradin':

It's a shame when the highest quality company in the USA relies on goods made in Asian sweatshops under near slave-labor conditions to remain profitable.

http://www.nytimes.com/2012/03/30/b...?pagewanted=all

Let's hope there will be a sincere effort to remedy the situation, instead of a repeat of the previous initiatives that Apple has made.

It is what it is. All multinational corps outsource to China, save for the defense sector. Apple is a design firm.

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Martinghoul

Registered: Jan 2009
Posts: 5641

04-17-12 09:13 PM

I agree w/John Hempton (as usual)... Falcone was trying to exploit a loophole and it didn't work out. He gambled and lost.

http://brontecapital.blogspot.co.uk...e-comments.html

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Busta21

Registered: Aug 2010
Posts: 142

04-23-12 11:07 PM

Pretty amazing the amount of risk some of these guys are able to take on. You have to respect that, I could only imagine the amount of stress/sacrifices that are made managing that kind of money.

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tenthousandmen

Registered: Dec 2011
Posts: 728

04-23-12 11:56 PM

Quote from keeptradin':

It's a shame when the highest quality company in the USA relies on goods made in Asian sweatshops under near slave-labor conditions to remain profitable.

http://www.nytimes.com/2012/03/30/b...?pagewanted=all

Let's hope there will be a sincere effort to remedy the situation, instead of a repeat of the previous initiatives that Apple has made.

And what does that make asia? A shameful country that employs....asains in sweat shops to make rich country's goods?

go to asia ill be happy to stick with AAPL

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keeptradin'

Registered: Feb 2004
Posts: 1419

04-24-12 12:19 AM

Quote from tenthousandmen:

And what does that make asia? A shameful country that employs....asains in sweat shops to make rich country's goods?

go to asia ill be happy to stick with AAPL

No thanks, I'll stick with the red, white, and blue.

And it makes US companies that exploit the exploitation just as shameful.

Good luck with AAPL, where did you get in??

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