(Please disregard the possible degree mill that produced this infographic as a strange form of advertising. Diploma mills are some of the most exploitive, predatory and shameful enterprises out there.)
Apple's profit margins are simply criminal. $319 for each new iPhone, net profit. Foxconn gets $8/phone assembled. The situation in China is unsustainable, to say the least, politically, environmentally, and socially. A few casino capitalists are getting very, very rich for at most another decade before shit hits the fan.
At what cost?
Tuesday, September 25, 2012
Apple's profits double, tax rate falls to Romney level: 9.8%
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