AI
| Followers | 139 |
| Posts | 206884 |
| Boards Moderated | 19 |
| Alias Born | 12/16/2002 |
Sunday, July 08, 2012 12:56:49 PM
We have 5000 workers in India as a result of a merger doing payroll and benefits administration. Those jobs ain't coming back and neither are the ones Apple has outsourced.
I constantly stress with goofball if he thinks life is all about video games he is in for a rude awakening when he gets out of college. He'll be living in the basement. Oops we don't have one.
How the U.S. Lost Out on iPhone Work
By CHARLES DUHIGG and KEITH BRADSHER
When Barack Obama joined Silicon Valley’s top luminaries for dinner in California last February, each guest was asked to come with a question for the president.
But as Steven P. Jobs of Apple spoke, President Obama interrupted with an inquiry of his own: what would it take to make iPhones in the United States?
Not long ago, Apple boasted that its products were made in America. Today, few are. Almost all of the 70 million iPhones, 30 million iPads and 59 million other products Apple sold last year were manufactured overseas.
Why can’t that work come home? Mr. Obama asked.
Mr. Jobs’s reply was unambiguous. “Those jobs aren’t coming back,” he said, according to another dinner guest.
The president’s question touched upon a central conviction at Apple. It isn’t just that workers are cheaper abroad. Rather, Apple’s executives believe the vast scale of overseas factories as well as the flexibility, diligence and industrial skills of foreign workers have so outpaced their American counterparts that “Made in the U.S.A.” is no longer a viable option for most Apple products.
http://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html?_r=1&pagewanted=print
I constantly stress with goofball if he thinks life is all about video games he is in for a rude awakening when he gets out of college. He'll be living in the basement. Oops we don't have one.
How the U.S. Lost Out on iPhone Work
By CHARLES DUHIGG and KEITH BRADSHER
When Barack Obama joined Silicon Valley’s top luminaries for dinner in California last February, each guest was asked to come with a question for the president.
But as Steven P. Jobs of Apple spoke, President Obama interrupted with an inquiry of his own: what would it take to make iPhones in the United States?
Not long ago, Apple boasted that its products were made in America. Today, few are. Almost all of the 70 million iPhones, 30 million iPads and 59 million other products Apple sold last year were manufactured overseas.
Why can’t that work come home? Mr. Obama asked.
Mr. Jobs’s reply was unambiguous. “Those jobs aren’t coming back,” he said, according to another dinner guest.
The president’s question touched upon a central conviction at Apple. It isn’t just that workers are cheaper abroad. Rather, Apple’s executives believe the vast scale of overseas factories as well as the flexibility, diligence and industrial skills of foreign workers have so outpaced their American counterparts that “Made in the U.S.A.” is no longer a viable option for most Apple products.
http://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html?_r=1&pagewanted=print
Everything is changing. People are taking their comedians seriously and the politicians as a joke.
- Will Rogers
Discover What Traders Are Watching
Explore small cap ideas before they hit the headlines.
