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Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Plumpaquatsch Re:Tax (514 comments)

But the point is that Apple's profit is extremely high and so it should be paying a proportionately large amount in tax.

Surprise - it does. They paid more than 10 billion in taxes last year. That's more than 2.5% of total corporate income tax (federal + states).

5 hours ago
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Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Plumpaquatsch Re:18B on 75B (514 comments)

Er... huh? "Apple's Gross Margin is 39.9% - Samsung's is 39.87." Both sell a lot of hardware, and in Samsung's case a lot of other random stuff.

So what was your "I'm sure that Apples margins on software products is comparable" about?

As to the others, I refer you to: http://finance.yahoo.com/q/is?... http://finance.yahoo.com/q/is?...

Those margins are not anything close to that stated in the original post. Microsoft is primarily a software comapny and has margins in line for that industry.

You are confusing the margins on the devices that Blackberry sells with the fact that they sell far to little to make a profit. Apple has those high margins because they sell so many. As for Microsoft, they sure as hell sell hardware, but either at low or negative margins.

As to Samsung, their margins are actually at the upper end of recent years.

As to Apple and software sales, what is the margin on Final Cut Pro (and think what it was when it cost more than $299) Logic Pro X @ 199? But in the end, those do not matter as without iPhone Apple is at best a third or fourth place computer maker with marketshare in the 5 to 10% range (historically).

Yeah, they've only outgrown the rest of the PC market for almost all quarters during the last couple of years. Total failure.

11 hours ago
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Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Plumpaquatsch Re:Slave Labour is certainly profitable (514 comments)

My Panasonic TV was made in Japan,

Suuuuure

The closure of the Japanese electronics company's sole dedicated plasma-TV factory in China ... The company intends to move operations to another Chinese TV factory in the eastern province of Shandong, where it currently produces LCD television sets.

Oh, wait, you still have a CRT TV, right?

yesterday
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Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Plumpaquatsch Re:And yet. (514 comments)

Also what is in their annual report isn't necessarily accurate anyway, so don't just throw that link at me.

Apple wasn't even reporting its U.S. taxes accurately, either, the Senate subcommittee found. Its annual report disclosed it paid much higher U.S. taxes than it actually paid to the IRS. To investors, Apple said it paid $6.9 billion in U.S. taxes in 2011. But it actually only paid the IRS $2.5 billion, according to its tax return. Read more: http://www.businessinsider.com...

Err-hunh. Yeah. That's why Apple has been fined for not paying their taxes. And no, Apple hasn't said they paid those taxes, they said they provisioned that amount for taxes. IOW they stated what taxes they would have to pay for all of their profits, but only actually paid out to the IRS that which they owed by not repatriating foreign profits. Which is not only legal, it is required by tax accounting rule APB 23 unless you plan to invest those foreign earnings abroad permanently.

The only difference to most other companies is that Apple doesn't pretend to keep it there in their statements (even if they don't actually want to without a repatriation holiday), while others pretend to do that to make their profits seem higher (even if they then actually have to bring back those earnings). Recent example is eBay which "paid" over 300% taxes first quarter last year because they repatriated "permanently invested" foreign earnings of $9 billion.

Are you actually going to blame Apple for the cluster-fucked up tax (reporting) laws in America, just because they are not only smart enough to make a profit, but because they also actually pay taxes?

BTW, Apple reports how much taxes they paid (in total) under the all to obvious moniker "Cash paid for income taxes, net". Which for FY 2014 comes to $ 10,026 million - most, but not all as federal income tax.

yesterday
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Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Plumpaquatsch Re:And yet. (514 comments)

It's a quarterly profit announcement, not for the year.

So the real questions are what is the declared profit / loss for the entire year and how much actual tax are they actually paying on the year?

Gee, do you really expect Apple report to their annual numbers when they just have finished their 2nd FQ? Not even to mention that the tax they will be actually paying 2014 will be actually mostly for the actual year before, because that's the actually way paying corporate tax works?

yesterday
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Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Plumpaquatsch Re:And all this without Jobs (514 comments)

Managers with CFO and COO backgrounds aren't good at innovating. They can't innovate their way out of a paper bag. Guess where Tim Cook came from.

So Cook can't innovate because he's a he has an MBA. While Jobs couldn't innovate because he didn't even master in Fine Arts. Both are however smart enough to hire people who can. Suck it up.

yesterday
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Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Plumpaquatsch Re:And all this without Jobs (514 comments)

Inertia.

Jobs had many products and ideas already in the pipeline prior to his death. To my knowledge, the only thing new is iPhone+. There's nothing magical about that decision. By the numbers, the market was clear in that people wanted a phablet. So they took an iPhone and increased the size; BFD.

So the only innovative thing Apple has done last quarter was the fucking thing driving up their revenue to insane levels. What losers. It's left to the reader if that means Apple or the people whining.

yesterday
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Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Plumpaquatsch Re:18B on 75B (514 comments)

It may be 24% on average, but it's much higher on some items. Flash memory upgrades for phone and tablets cost 10-15x what other manufacturers charge,

Errm, most don't even offer any memory upgrades. Many even stopped offering SD, like Google itself. Because that fucking doesn't work as well as people like you keep claiming.

yesterday
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Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Plumpaquatsch Re:18B on 75B (514 comments)

I'm sure that Apples margins on software products is comparable. Apple is 90% phone mfg. now. 40% margins on end-user hardware is quite high.

You seem to completely have missed the numbers for Samsung and Blackberry. Probably because they defy your narrative.

yesterday
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Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Plumpaquatsch Re:It is hard to know what to think (514 comments)

Maybe you should bother to look so you don't sound like you're an idiot.

Revenues from hardware - $69.8B Revenues from other(iTunes) - $4.8B

Net profits (not broken down) - $18B

Even if 100% of revenues from iTunes was profit (i.e. no cost to run the App Store), it's still less than 1/3 of total profits.

The often lamented fact that Apple takes 30% of the iTunes revenue for itself (boo-hiss) means its actually has to be less than 1/9.

yesterday
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Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Plumpaquatsch Re:Tax (514 comments)

Imagine someone steals your TV and sells it to a fence. Who is the criminal? The fence or the thief? Both.

Since you are an American, you are an accomplice to this. Turn yourself in now.

yesterday
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Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Plumpaquatsch Re:Tax (514 comments)

If corporations don't pay their share of tax, then ordinary law-abiding citizens will just be charged more.

Maybe you should complain about Amazon then, because while having dozens of billions in revenue, they pay little if any taxes by (supposedly) making little profit. Instead of paying several billions like Apple.

yesterday
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Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Plumpaquatsch Re:Tax (514 comments)

funny. when it comes to most people, the actual dollar amount never seems to matter. The fact that the top 10% of americans pay almost 70% of all the taxes collected by the feds never seems to matter.

Seems unfair - when they only own over 80% of the money.

yesterday
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Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Plumpaquatsch Re:Tax (514 comments)

So do you route your savings through Nevada to a bank account in the Virgin Islands that doesn't pay tax too? You do know that savings accounts pay taxes don't you?

Now I see where your problem is - you aren't incorporated. That's your problem, and the governments fault, not Apple's.

yesterday
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Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Plumpaquatsch Re:Tax (514 comments)

Apple routes US profits through offices in US states with favorable tax regimes (e.g. Nevada). In Europe they route them through Ireland.

Yeah, and they are the only company that does so, too. Well, maybe only a handful. Okay, almost all do. What was your point again?

yesterday
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Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Plumpaquatsch Re:Tax (514 comments)

+5, Bullshit

yesterday
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Germany Plans Highway Test Track For Self-Driving Cars

Plumpaquatsch Re:Makes sense to use the A9 (90 comments)

The A9 connects Munich to Ingolstadt, which are respectively the main hubs for BMW and Audi, so it makes sense to use that road for testing. Moreover, both cities are in the state of Bavaria, which makes it easier to get things going on the government level.

Bavaria is also the home state of the traffic minister Dobrindt - so pork.

yesterday
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Germany Plans Highway Test Track For Self-Driving Cars

Plumpaquatsch Re:Your situation isn't everybody's. (90 comments)

And 10% savings with no changes to technology (apart from the platooning system of course) or driving is pretty good, isn't it?

Only on a closed track, and remember that my assertion isn't that the gas savings aren't there, it's that even with self-driving cars 8 meters isn't safe once you start trying to move it to production, especially when you'd have cars of different makes, and maintenance levels in the 'platoons'. It'd also be limited(mostly) to the highway systems, which doesn't do much for most commutes.

The safety brake system (used in production cars) I mentioned was obviously tested to avoid collisions with suddenly breaking cars just 8 meters away without even pre-charging the breaks. Not to mention that the 10% saving is for 15 meters.

But you sure do know more about these things than the people who build them. Volvo. The guys with the car safety record.

yesterday
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Germany Plans Highway Test Track For Self-Driving Cars

Plumpaquatsch Re:Your situation isn't everybody's. (90 comments)

15 meters is the max they measured, you really need to be within 9 meters to realize 10% fuel savings.

No, 8 meters is the closest they have measured with cars, and they only didn't g closer because the build-in proximity sensors (safety standard in the production cars) didn't allow them to go closer without the breaks pre-charging, ruining mileage. And 10% savings with no changes to technology (apart from the platooning system of course) or driving is pretty good, isn't it? Of course the least saving was showing for the big petrol engined car, so it's clear that this isn't for America with its huge engines.

2 days ago
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Germany Plans Highway Test Track For Self-Driving Cars

Plumpaquatsch Re:So stupid (90 comments)

Isn't the point to test automatic cars under real conditions? Google did this years ago. With hand-picked, pre-mapped roads, but still under real conditions with real human-driven traffic. Remember the euro search engine? The euro book digitizing project? Every time Germany/EU tries to copy what Google does, only years later, by government decree and without Google, the result is the same. Burnt money. Next thing they will try to ban undeutsche autonomous cars from deutsche autobahn.

German (and others) scientists did that years before Google even existed. https://en.wikipedia.org/wiki/Eureka_Prometheus_Project

PROMETHEUS profited from the participation of Ernst Dickmanns, the 1980s pioneer of driverless cars, and his team at Bundeswehr Universität München, collaborating with Daimler-Benz. A first culmination point was achieved in 1994, when their twin robot vehicles VaMP and VITA-2 drove more than one thousand kilometers on a Paris multi-lane highway in standard heavy traffic at speeds up to 130 km/h. They demonstrated autonomous driving in free lanes, convoy driving, automatic tracking of other vehicles, and lane changes left and right with autonomous passing of other cars.

https://www.youtube.com/watch?v=2EH3R6c7Ufg

2 days ago

Submissions

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German intelligence employee arrested on suspicion of spying for US on Bundestag

Plumpaquatsch Plumpaquatsch writes  |  about 7 months ago

Plumpaquatsch (2701653) writes "Deutsche Welle report:"A member of Germany’s foreign intelligence agency has been detained for possibly spying for the US. The 31-year-old is suspected of giving a US spy agency information about a parliamentary inquiry of NSA activities. During questioning, the suspect reportedly told investigators that he had gathered information on an investigative committee from Germany's lower house of parliament, the Bundestag. The panel is conducting an inquiry into NSA surveillance on German officials and citizens; yesterday an ex-staffer told it the NSA was 'totalitarian' mass collector of data."
Link to Original Source
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Deutsche Telekom begins distributing nano-SIM card

Plumpaquatsch Plumpaquatsch writes  |  more than 2 years ago

Plumpaquatsch (2701653) writes "After a protracted battle between Apple, Nokia, RIM and Motorola Mobility earlier this year about the design of a new nano-SIM (subscriber identity module), Apple was the victor and is widely expected to use the new design in the next-generation iPhone. German website iFun.de is reporting that carrier Deutsche Telekom has begun distribution of nano-SIMs to partners in anticipation of the launch of a new iPhone."
Link to Original Source
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Appeals court upholds Apple victory in Cover Flow patent case

Plumpaquatsch Plumpaquatsch writes  |  more than 2 years ago

Plumpaquatsch (2701653) writes "Apple has once again been cleared of infringing on patents held by Mirror Worlds.

In a ruling posted today by the U.S. Court of Appeals for the Federal Circuit in Washington, the court upheld (PDF) a lower court decision from April 2011, which sided with Apple.

Mirror Worlds originally accused Apple of infringing on its patents with features included in its Mac OS X operating systems going back to 10.4 "Tiger," as well as in its iOS devices including the iPhone, iPod, and iPad. The company, which was founded by Yale University computer-science professor David Gelernter, took aim at Apple's Cover Flow, Spotlight, and Time Machine features made available on devices running various iterations of that software."

Link to Original Source

Journals

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Germany has passed Peak Pirate

Plumpaquatsch Plumpaquatsch writes  |  about a year ago

After their successes in 2012, getting seats in all state elections (with 7-9% of the votes), the German Pirate Party again dropped far below the "5% hurdle" in both the state elections in Bavaria and Hesse as well as the federal elecion of Germany. It looks like that even despite the NSA scandal, the Pirates lost a lot of votes to the newcomer Euro-skeptic "Alternative für Deutschland" - who got more than twice the votes of the Pirates, while still not gaining any seats.

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