How can we price the stock correctly if we don’t know how much of the profit margin needs to be cut to account for bribes? If Apple shouldered the bribe on its own is this a disadvantage when their competitors gets tariff relief for free? Do they pay every 3 months or every year? Maybe we learn the bribe price on the quarterly conference call? Apple has some kind of leverage against the US government and this isn’t an expense?
How can we price the stock correctly if we don’t know how much of the profit margin needs to be cut to account for bribes? If Apple shouldered the bribe on its own is this a disadvantage when their competitors gets tariff relief for free? Do they pay every 3 months or every year? Maybe we learn the bribe price on the quarterly conference call? Apple has some kind of leverage against the US government and this isn’t an expense?
I have more questions than a three years old!