EU to charge Apple under Digital Markets Act, impose a fine of up to $50 million per day
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- Smallworld
- JgF
- 16 Jun 2024
Basically Apple is just testing the EU's limits. They'll incrementally lower the bar until EU is satisfied. They won't lose anything in the end.
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- Dom
- raP
- 16 Jun 2024
ReaLogic, 15 Jun 2024I think you have to work out the numbers. Apple has 147,000... moreApple made 97 billion dollars of net profit last year, and as of 2023, they have 161,000 employees. If they gave all off them a $5 per hour raise, then at 40 hours a week and 48 weeks a year, that’s around 1.5 billion dollars. That sounds like a lot of money, but that’s only 1.6% of their net profit, so Apple definitely has the money to pay their employees better.
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- ReaLogic
- K1L
- 15 Jun 2024
I Am GoD 9, 15 Jun 202450 million here, 4 billion there🙄.... and some people justi... moreI think you have to work out the numbers. Apple has 147,000 workers. If they raise their workers salary by just $1 per hour, that's $147,000 per hour. At 40 hours a week, and 48 work weeks a year, that comes to almost $300million a year. So when people spout number like yours when it comes to CEOs are getting $10million bonus, it's still a few hundred million dollars cheaper than increasing worker's salary by $1 per hour. Not trying to justify anything , but scientifically, people do have problem estimating large numbers and equate one large numbers close together, even though it can be off by factors of ten.
https://www.npr.org/transcripts/1198909057
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- FatShady
- CLw
- 15 Jun 2024
Anonymous, 15 Jun 2024Kill iOS, iPadOS, VisionOS, TVOS Enhance your macOS, mak... morehow is that a good thing for them? how are they supposed to trick their slaves into buying multiple products if all of them run the same soft/hardware, most would just buy any wireless keyboard and mouse and use their iphone...
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- Anonymous
- 8uX
- 15 Jun 2024
Apple thought it was playing cute :)
But EU chads deleted the photo before it was even posted.
Hope your stocks can be hedged against the 50mil/day Tim Apple. By Jobsus! What a disaster this clown has been...
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- I Am GoD 9
- ksy
- 15 Jun 2024
50 million here, 4 billion there🙄.... and some people justify the illusion that is wage slavery, poverty and homelessness, inflation 😂🤣. The tricks they love to play, it's all by design....
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- Dom
- raM
- 15 Jun 2024
Anonymous, 15 Jun 2024Simple, $$$$ do you think EU law makers run by people who h... moreBruh I’m an Apple fanboy and even I think they deserve to be fined for this. Also just stop oil kinda ate
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- Anonymous
- fCC
- 15 Jun 2024
Once again hero EU taking steps against evil corporations
Huge applause 👏
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- Anonymous
- 70d
- 15 Jun 2024
Lister, 15 Jun 2024This is turning into bullying. I wonder what incentives the... moreRead the DMA. I guess when you break a law and get fined you think that it's bullying.
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- Anonymous
- UG4
- 15 Jun 2024
Kill iOS, iPadOS, VisionOS, TVOS
Enhance your macOS, make it touch friendly, allow all apps on mac store.
Call that Apple OS.
Power and keyboard, buy macbooks
Power and touch, buy iPad
Portable and touch, buy iPhone.
All can get same macOS desktop mode if connected to monitor.
Then devices will fly off the shelfs, and you do not need to leech the app store soo much…
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- Anonymous
- YUU
- 15 Jun 2024
Lister, 15 Jun 2024This is turning into bullying. I wonder what incentives the... moreSimple, $$$$ do you think EU law makers run by people who have (*brain), they all just a lobbyist who gain $$$ from some entity. Why EU never prosecuted those people behind Stop Oils movement when obviously they made people life harder by blocking road.
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- Lister
- n1s
- 15 Jun 2024
This is turning into bullying. I wonder what incentives the EU have for doing this?
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- FatShady
- CLu
- 15 Jun 2024
joe nodden, 15 Jun 2024Fun fact: With Apple's current net worth, if they made... morethat is not how this works, they're valued at 3 trillion bucks, they don't have that much money, i bet that they don't have a third of it liquidated, if everyone starts selling their apple share, they will drop in value so hard, they would barely be valued at 100bn.
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- Anonymous
- 70d
- 15 Jun 2024
joe nodden, 15 Jun 2024Fun fact: With Apple's current net worth, if they made... moreIf you mean the market cap, that's not how it works. Companies don't own shares except for treasury shares. Shares belong to shareholders. By the way, hypothetically, if Apple makes zero profit, the stock price will probably drop more than 90%.
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- Anonymous
- msZ
- 15 Jun 2024
eu power tripping again
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- Poster
- 39y
- 15 Jun 2024
Anonymous, 15 Jun 2024There are people who defended this practice. of course only those who receiving monies from this practice..
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- Anonymous
- KhC
- 15 Jun 2024
lovely
- B
- BigDisplay
- nQ1
- 15 Jun 2024
Vin Aigre, 15 Jun 2024Business is Business. Precisely... and laws is laws 🤘🏻
- B
- BigDisplay
- nQ1
- 15 Jun 2024
Anonymous, 15 Jun 2024Imagine the crying here if a Chinese company got fined this... moreRly, can't you see the difference in two different things... Fair enough 👍🏻
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- Anonymous
- 3SI
- 15 Jun 2024
Imagine the crying here if a Chinese company got fined this way, it would be like the Huawei ban „nooo you are hurting competition“