Yet 42 million people need food stamps to not starve to death
$4,000,000,000,000÷4,000,000 = $1,000,000 literally we could turn all starving people into millionaires if we could live without an iPhone. I guess technically we would have to move the people in those fields to production or logistics or whatever but since the US creates 130 billion extra meals a year I don’t actually think we would have to.
Reminder that many companies bent the knee to the Nazis because it was financially beneficial for them at the time.
I heard Apple products taste like boots.
All the apple and tesla fanboys that still support then should be ashamed of themselves. By making excuses, you are enabling them to do what they do.
Sometimes I feel we should be writing these numbers out fully. That’s something worth $4,000,000,000,000 that’s not paying anything substantial to improve your life. If they paid $400M in taxes they’d still be worth about $4T.
You did the thing you just complained about by not writing out 400,000,000 (400M) in relation to the 4,000,000,000,000 (4T)
To scale that down, it’s like someone paying 400 from a net worth of 4,000,000 (4M), or 4 from a net worth of 40,000, they would barely even notice. Of course that’s ignoring all the details of revenue and profit vs net worth or actual tax rates, and I can’t be bothered to look those up.
But imagine you own some land and a house that you bought for 4,000,000 (4M) that you have to pay property taxes on, and the taxes were 400 per year. That’s a 0.01% tax rate.Shit, now I actually want to know what the real numbers are. according to Finbox “Apple’s effective tax rate for fiscal years ending September 2020 to 2024 averaged 16.5%.” although I think that’s specifically income tax.
Per macrotrends, apple profited 180,600,000,000 in 2024, from 391,035,000,000 revenue, a profit margin of ~45%, from which they payed 29,749,000,000 in taxes for an effective tax rate of 16.5% on the income.
Relative to net worth valuation of ~3,800,000,000,000 at end of 2024 that income tax paid is 0.75% of their net worth.
Remember back when Apple’s achievements revolved around making great products?
This is dystopian. Death to capitalism.
Taxing every billionaire and corporation 90% would give every American 400,000 dollars a year…
Just saying
They’re lobbying so people don’t have any other choice
even 50% would be significant.
That’s optimistic.
In reality ot would make the people who control the government VERY rich.
And nVidia just reached $5 trillion value
It’s not as impressive when they’ve already crossed the 1, 2, 3 trillion marks.
Call me when they hit 1 quadrillion dollars market cap.
And yet Apple TV has the worst interface of any streaming platform and that’s saying something Amazon’s is also terrible.
Netflix new TV UI where you can only see 4 things at once even on a big screen TV is awful. And then, those same titles keep appearing in the new rows as you scroll down, so you aren’t even seeing 4 new things with each down press, you see repeats after repeats.
I feel like Prime is way more terrible.
Actually came across a useful thing the other day… if you go back 20-30s because you missed something (because you didn’t have CC on), when it restarts it will add captions for 20s.
If you have Chromecast you can disable all the recommended/ads and just have the dashboard show the apps you want.
