[kittymyrib]

These EU pirates are shaking down U.S. companies for billions, while the Somali pirates only get millions. Our companies should boycott Europe.

[Vaquero]

Our companies should boycott Europe.

the messiah will tell companies who they can and cannot boycott....Obama is europe’s b!tch, and american business's super CEO(or so he believes).

[wolf78]

These EU pirates are shaking down U.S. companies for billions, while the Somali pirates only get millions. Our companies should boycott Europe.

Intel has a revenue of 30-40 billion a year, a quarter of that profits. So for the sake of argument let's say that's 8 billion (right now it's a bit less due to the economic crisis). For the sake of argument, let's also say that the European PC market is as big as the North American market (it should be slightly bigger) and that it's 25% of Intel's total sales (European Comission estimate ~30%).

In an average year, that would be 2 billion in lost profits. Of course, AMD would be thankful as they could take over the market in a heartbeat, especially as a large number of their CPUs is manufactured in Dresden.

[henkster]

The Euros are still P.O.d that our computer industry left them in the dust decades ago. Next they’ll find a way to shake down AMD.

[riri]

These EU pirates are shaking down U.S. companies for billions, while the Somali pirates only get millions

That's exactly what it is. It'll still get to the Somalis, and the Turks, and the Iraqis...they need to pay them off in welfare benefits in hopes to get them to stop burning down their cities.

[GreyMountainReagan]

“Our companies should boycott Europe.”

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Amen. If you think Europe is Amerca’s ally think again.

Problem is that 0bama will drive more American companies to Europe because of high taxes. Then we will become more and more like Honduras.

[myknowledge]

This will strain relations with the neo-Soviet EU.