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by nimish
479 days ago
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This is correct if you only care about Apple stock price. But consider that there are people who simply do not care about Apple's stock price. Like me, an Apple investor. I care more about the US's industrial base than I do about whether it goes up 5% or down 5% (or whatever, it's besides the point) >Apple doesn’t even make all, or even most of its money in the states. Not all of its shareholders are American, if they went this route they could lose half of their revenue overnight (as other countries note the protectionism and tariff or simply forbid Apple products from being sold). So? I don't care about their revenue, I care about the future of American industry. Having a bunch of cash hoarded by old people is irrelevant if it isn't reinvested in something I care about. And I don't care about your supercar or Nobu reservation, or if some fund returns an extra 2%. This is despite being a direct beneficiary. Live by shareholder return, die by shareholder return; the US is not and shouldn't ever be geared to shareholder return over everything else. Apple and other companies have freeloaded off the US for far too long. |
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Juche doesn't work in North Korea, it isn't going to work in the USA.