Posted on 05/04/2012 4:57:06 PM PDT by Swordmaker
After taking heat for shipping jobs to China and contracting to employers with questionable labor conditions, Apple (rather publicly) took credit for creating more than half a million jobs in the U.S.
514,000 to be exact.
That figure included nearly 50,000 employees in its retail network and its corporate headquarters, where products are designed.
But it also included FedEx and UPS employees who deliver its products and employees at Corning who make glass for iPads and iPhones.
So Apple basically counts anyone vaguely associated with the company or its products as a job that Apple created.
But what about the competitors Apple has bumped off in its relentless move to the top?
What about the once-profitable markets, products, and companies it has destroyed? What happened to those jobs?
Business Insider analyzed data on Bloomberg, went through dozens of 10-Ks, and read through layoff announcements to see how Apple's peers have done.
What we found:
Apple has destroyed nearly as many jobs as it helped create, eliminating some 490,570 positions.
Click here to see the jobs that Apple has destroyed
(Excerpt) Read more at businessinsider.com ...
Then lower the taxes and reduce the regulations that have made the US a stupid place to invest. This article is just missing the point, much less being written by an insane person.
US workers are also highly productive, so much so that without government interference and union crap we could easily be making things here instead of China at much higher wages than third world countries.
Hiring foreign engineers is a sensitive topic in South Korea, where the big conglomerates are expected to provide jobs for the country's workers. While unemployment is currently just 3%, the jobless rate for recent college graduates is about 8%.
Yes..agreed! There should actually be zero corp taxes and then we will see jobs flourish once again. Not to mention no income tax! Our founders would NEVER have stood for a tax on paychecks! And these regulators can go jump in a lake now!
That has a nice Marxist ring to it.
I am not accusing you of being a Marxist, but your statement shows just how deeply it has permeated our culture. Corporations have no obligation to "the many" other than to offer them goods and services that they want at a price they're willing to pay.
If they're not doing enough of it to suit you, look to your government as the cause -- not the American citizens who are trying to make the best living they can.
Operative word is: Possible. Right?
Given the miriad of tax, environmental and every other kind of crap American businesses, large businesses, trying to compete in a global marketplace have to deal with, can you blame them?
Hell, Apple wants to repatriate tens of BILLIONS of dollars back to the US. Gubments response: Pay up suckers.
So they keep their money off shore. Sounds to me like they’d like to put some of those dollars to work here, but Zero said no. So what does Apple do? Open a plant in Brazil.
So in 1943 if the Reich Air Ministry (RLM) had offered Boeing a better price for its B-29’s they would have had every right to export them to Germany for the Luftwaffe to use?
Somebody at Business Insider is gonna have to do a really convincing explanation to make me believe this one...
Dumb article.
Counting the government and postal service layoffs... Apple saves the taxpayers about 4 billion a year.
#winning
You forgot the buggy whip industry.
Ya beat me.
I so love how they feed on their own. The Rats are like a roving band of mad dogs, snarling and fighting, the pack turning on one of its own at any moment.
Typical b.i.-blog crap. I don’t know why FReepers ever cite to this fish-wrap.
Stupid article by an Apple-hating “reporter”. There is some truth to Apple’s claim of creating many secondary jobs. Think of the support staff for Apple products in schools. Then there’s Starbucks - lots of barristas employed because of all the Apple owners flocking there for the wi-fi access and caffiene. My older daughter used to be a barrista and superviser at a Starbucks, she made huge tips from the customers with Apple laptops. She then worked at a publishing firm, all Apples there. Now at a biotech firm, lots of Apples and iPhones - many jobs indirectly created by Apple.
I think you're stretching, don't you? Did they drive Honda sedans? Maybe Honda is a secondary creator of those jobs?
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