Apple delivers 20M masks, making 1M face shields per week

Tim Cook delivered a COVID-19 message to the world Sunday on Twitter:

Cue the tweet:

My take: Counter programming.

10 Comments

  1. Kathy Corby said:
    Hey, PED, it is 1 million, not 1000.

    0
    April 5, 2020
  2. John Butt said:
    Apple is a world supplier and needs to act like one. Shipments to all countries should start immediately, not delayed.

    Including where America has embargoes like Cuba

    0
    April 5, 2020
    • Gregg Thurman said:
      Before someone gets critical of Apple’s efforts they should ask what firms in the S&P 500, DAX (Germany) FTSE (Great Britain), Nikkei (Japan), Euro 50 (Euro zone), Hang Seng (Hong Kong), Kospi (Korea), Taiex (Taiwan), et al are doing.

      They may be doing a lot, I don’t know, for sure you never hear of their efforts (or lack thereof), and you NEVER hear anyone complaining about them.

      Get real.

      4
      April 5, 2020
      • John Butt said:
        That I am. Apple pays almost no tax on profit in NZ. Actually few American companies do, despite taking almost all advertising revenue. This is a worldwide issue that has to be sorted before the tax systems of many countries collapse.
        Transfer pricing is actually illegal in most countries including USA, but it’s pretty difficult to prove. Therein is the problem

        1
        April 5, 2020
        • Fred Stein said:
          Before we criticize Apple on Tax payments, please consider:
          1) They pay $10B in taxes TTM per Yahoo finance
          2) They generate VAT and Sales Taxes that likely average about 10% of gross product sales, or another $20B.
          3) Their employees pays income taxes and other payroll taxes and property taxes, etc.
          4) There are 23,000,000 developers registered in Apple’s developer program, who hopefully make enough to pay taxes somewhere.
          5) Tim Cook has been quite outspoken, that he does NOT seek tax exemptions when choosing locations in the US.
          6) Quoting from 2018; “Starting immediately, Cook says that Apple will match all employee charitable donations up to $10,000 annually, at a rate of two to one.”
          7) Apple announced $2,500,000,000 in grants to address the housing inequities in California.
          8) And 1,000,000 masks a week which we need right now in the USA.

          3
          April 5, 2020
  3. Kathy Corby said:
    Fred, I feel like the math police here, but given that Apple only recently became $1 trillion company, the $2.5 trillion figure in grants seems like it might be off?

    1
    April 6, 2020

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