I keep seeing things about how x, y or z company “caved” to government pressure, as if companies have ever made value judgements in the modern era. What this decision would have come down to, the only thing it could legally come down to, is shareholder value. Considering Apple secured a reprieve on tariffs, it’s absolutely within reason that Trump and/or his administration threatened them with cancelling said reprieve. At that point, the decision would be based off the loss of sales for taking it down, against the loss of sales of devices due to tariff price increases.
Apple has a fiduciary duty to their shareholders first and foremost. There is nothing stopping this batshit insane administration from enacting tariffs, and then using the SEC and DOJ to investigate and bring charges that they aren’t upholding their responsibilities to their investors.
Edit: I know I’m being a fair bit of a jerk in the rest of my comment, but this is pawssibly the most ridiculous assertion that I’ve seen on Lemmy, and I have no idea how to pawperly refute it.
I keep seeing things about how x, y or z company “caved” to government pressure, as if companies have ever made value judgements in the modern era. What this decision would have come down to, the only thing it could legally come down to, is shareholder value. Considering Apple secured a reprieve on tariffs, it’s absolutely within reason that Trump and/or his administration threatened them with cancelling said reprieve. At that point, the decision would be based off the loss of sales for taking it down, against the loss of sales of devices due to tariff price increases.
Apple has a fiduciary duty to their shareholders first and foremost. There is nothing stopping this batshit insane administration from enacting tariffs, and then using the SEC and DOJ to investigate and bring charges that they aren’t upholding their responsibilities to their investors.
apple could easily move all manufacturing and operations to canada and demolish the us economy…
Ahahahahahahahahahahahaaa, oh wait, you’re serious? 🤣🤣🤣🤣
Edit: I know I’m being a fair bit of a jerk in the rest of my comment, but this is pawssibly the most ridiculous assertion that I’ve seen on Lemmy, and I have no idea how to pawperly refute it.