Quote:
Originally Posted by AllCowsEatGrass
Or they could like, you know, just pay the execs less money and make a little less profit, but still make a killing. They could raise iphone prices 3x, or lower executive pay by what, a couple percent?
They sell around 200 million iPhones each year, I believe. Tripling the price should net them around $240 billion. $240 billion is 2% of...$12 trillion.
Impressive bonuses.
You're showing an amazing lack of knowledge or critical thinking if you believed changing executive pay would make even the slightest difference in the price of an iPhone. 2% making up for tripling the price of an iPhone shows...a complete disconnect from reality.
Now, I doubt that making the iPhone completely ethically would cost anywhere near triple. But even if we drop that to $100 a phone, executive pay isn't going to help. I see in their SEC filings last year, they registered that their 6 executives were paid ~$125 million. That's a **** of a lot of money. But...it's 62.5 cents per phone.