Apple's Money Problem (& Why It Won't Buy Netflix)

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Apple makes an astonishing amount of money but this presents an interesting challenge for the company and raises questions about what they should do with it all.
Thanks to Leo Gyeongmin Lee for the Korean subtitle translation.
*The end of this video includes a paid sponsored promotion. This company had no part in the writing, editing, or production of the rest of the video.
Credits
Music is Weekend in Tattoine [KZbin Audio Library]
Partially inspired but this wonderful article: www.asymco.com/2018/01/18/the-...
and www.aboveavalon.com/notes/201...
www.macstories.net/news/apple...
www.aboveavalon.com/notes/201...
www.irishtimes.com/business/a...
www.businessinsider.com/how-mu...
www.everysecond.io/apple
For the airline ticket, here’s where I found the price: i.imgur.com/ejen79H.png
Fortune article is: fortune.com/2017/03/29/apple-i...

[@PolyMatter]

If you have any interest in making videos like these, you might learn how on Skillshare. The first 1,000 people to signup with skl.sh/polymatter3 will get 2 months for 99 cents. And if you do so and start a channel, shoot me an email and I’ll take a look!

[@ericallen7605]

PolyMatter Apple doesnt have a money problem with the amount of free cashflow they have

[@mohammadi463]

Since the US migrate from the global tax system to the territorial tax system company's like Apple no longer have to pay taxes from products sold overseas.

[@TheProgameslha]

Thanks for the skillshare link been looking for something to do in my spair time. Loving the videos hope all is going well for your!

[@dobkayaker]

Polymatter Apple doesn't have a subsidiary in Ireland. They have actual offices.

[@markbenjamin4467]

PolyMatter will you make a crypto currency vid soon

[@jubeikibagamai5323]

If Tesla would be owned by Apple, you would have to buy the wheels separately.

[@alza3im88]

and the fast charging cable for 2000$

[@s1lenttoad422]

Or they would charge you for adapters and sh*t 😂

[@gusty7153]

and every year they change the plug

[@tokyowarfare6729]

1 seat for entry package.

[@niravlimani3898]

Apple is shit hole company. 1000$ for iphone what they are giving face id unlock, less expensive mobile also have that feature . Android is far more better In india iphone cost nearly ₹100000 , can buy a car from it

[@rusurares2689]

"Never trying to make a quick buck." One year latter... Apple pro stand for 999$

[@cridenh2owo257]

Smh 😤

[@joeshmo3584]

You clearly don’t understand that product.

[@MrAyybee2cold]

You tried.

[@dragz888]

@@joeshmo3584 whats the point of it then

[@bobbyhp26]

Actually it’s PR mistake they should say apple xdr monitor is 999$ less if people buy it standless

[@damncat2793]

Apple: haha! We make 1444$ a second Jeff Bezos: LMAO noob I make 2600$ a second and I dont have to split those up *Apple: buys Amazon*

[@damncat2793]

@@SLUMPDBOXING ok

[@damncat2793]

@@SLUMPDBOXING yes

[@somedude1349]

Now that’s quick thinking

[@kaan4040]

Damn Cat apple makes 1444$ a second in PROFIT Jeff bezos only makes 2600$ in revenue of his shares from amazon

[@damncat2793]

@Quti piez no he not. You are stupid. Search it up..

[@ikhlaqkhaliq9782]

"Where there is will and 285$ billion, there is a way" 😂

[@smurfmnm]

Lol if apple buys Netflix the movies would be sold separately 🤣🤣🤣 Edit 2020:lmao the charger is being sold separately now HAHAHAHA

[@danseabreeze1404]

Yes, the monthly fee would be to browse, lol...

[@nurbekbaizakov]

Also, you will have to buy sound separately HaHaHa

[@thetechnocrat6388]

@@finncorrigan7719 oh yeah yeah

[@nonso1078]

@@finncorrigan7719 oh yeah yeah

[@fingolfin3439]

@@finncorrigan7719 oh yeah yeah

[@ucfitness2287]

I cant imagine what the monthly price would be if Apple bought Netflix

[@bmp2918]

UC FITNESS £1000 a year.Remove the forward/backward by 10 sec button.Remove kid shows then put t behind a £20monthly pay wall. Then they make the netflix phone.Brilliant speakers and a headphone jack.With siri. Price=£2000

[@zak1an]

This isn't EA

[@akiimo389]

You realise that if Apple would buy Netflix nothing really nothing would change because it would hurt more than it does. All you Apple "hater" are pretty retarded no wonder you cant afford an Iphne

[@SK-pg2xf]

UC FITNESS if apple raised the prices for netflixs services and there was backlash it would create more demand and competition would rise with cheaper and high quality services to fill the market need.

[@maxedwhip1286]

Akiimo you havent realized that just because you are stupid enough to pay for bad phone more than others, does not mean that others cant afford to. Just means some people actually know what is good, sadly very small portion nowadays! Also weird calling others stupid while not understanding jokes about apple buying netflix

[@sirsweet3022]

Acquiring Tesla would be a fitting for their Apple Car.

[@r0nittotlani]

also netflix for apple tv and activision for apple arcade

[@surfacepro3328]

But would Tesla even be for sale tho?

[@r0nittotlani]

@@surfacepro3328 when first starting out maybe cause they didn’t have the model 3 and we’re almost bankrupt

[@geertgietman]

Tesla will never be sold

[@ronitsanghvi4690]

Lol u think elon musk would let that happen? @Sir Sweet

[@firekiller1435]

Imagine if EA owned Netflix - “change profile logo” ONLY $99 “want to watch stranger things” UPGRADE to the ULTRA PREMIUM $15 dollar plan

[@brokenleap2933]

But the 15 dollars are for 360p quality and every episode costs 2$ + 3$ for HD

[@mellnvrr]

FireKiller143 we have zetflix.net it’s like a copy of Netflix but free

[@xraymind]

If you want to watch the last 5 min of the movie, you pay extra for the ending DLC.

[@firekiller1435]

Chinese Gaijin yup lol

[@adamschlesinger7344]

Saudi aramco shouldn’t be on the list of companies it’s from a country that is a freaking dictatorship. If the country takes the money from their pistols to make a valuable “company” than it shouldn’t be on any kind of list!!!

[@qeva_]

Why Apple have this huge number of money ? Because : Thing = 100$ iThing = 699$

[@larsvanzutphen9095]

Qv Isn’t that what everybody wants? And i mean every company? So Apple doing their job almost perfect is wrong or am i missing something?

[@d-real-moop7824]

John Phillips well put!

[@jackshiels3239]

This makes stupid people angry, of course.

[@Nurg1982]

actually the majority of their income comes from the app store, not their products per say

[@ImTouchkv2]

Mister A iThing X Pro with 64 more GBs of Storage 1400$

[@TEQREATION]

Animations. So. Satisfying.

[@fps6612]

jajaajaj

[@Mykoo]

hahahaha**

[@xmochix604]

Yes!

[@bigcancerman1308]

Because he knows how to adjust graph editor.

[@randomdude4669]

TeQreation 60 fps helps

[@Omar-vv2bu]

Where do you fly from Hungary to the US for 320$, please tell me!

[@Albanez39]

Why would you want to travel there?

[@ten_tego_teges]

@@Albanez39 Budapest is super nice!

[@Omar-vv2bu]

Lisergiko It’s just figurative, I’m from Morocco, and it costs about $700+ to go there.

[@Albanez39]

@@ten_tego_teges I don't doubt it, I was actually referring to the US. "...fly from Hungary to the US..." Except for the great landscapes and job opportunities, America is valueless. You can find smart youngsters there, and even some profound and wise individuals, but most youngsters are just robots glued to social media, only thinking about their looks and material possessions. The older generation is mostly comprised of bigots and nationalists. As a middle class citizen, you have to pay a bigger percentage of taxes than corporations, while working a toxic job that doesn't satisfy you and doesn't guarantee the time and money for appropriate vacations and leisure time. I'd die before being citizen of a country that spends most of it's capital for the military, while leaving education and healthcare in the hands of private corporations; Which then proceed to steal from every possible citizen until they acquire such a huge debt that not even their children will be able to pay. This is just my opinion, but I feel profound sorrow for all those poor souls that love America above everything else, regardless of how difficult their lives have been made by such a malevolent government and it's true leaders, corporations...

[@ten_tego_teges]

@@Albanez39 Oh I agree with every single thing, maybe I wouldn't be as harsh about the people though. Americans are really kind individually, but they don't realise how shitty their country is.

[@ranitsen4491]

"Saying no to what every other company would say yes to" Thou shall not have charger for Iphone 12.

[@icarofilho6524]

I think this rule can’t be applied since Samsung did the same one year after

[@jordzking6330]

@@icarofilho6524 There's some sense behind that tho since androids dont change chargers unlike apple so even if your Samsung doesn't come with a charger you can't still use the old one meanwhile you'd be forced to buy one sometimes if your changing iPhones

[@icarofilho6524]

@@jordzking6330 i had androids for a long time and they changed their ports 3 times. usb-mini micro-usb and usb-c now

[@jordzking6330]

@@icarofilho6524 Huh didn't know that but hey atleast you don't need 5 dongles to charge your phone and listen to music through wired headphones

[@hi-fidude6670]

supreme is even worse, they slap a logo on a $10 shirt and it becomes a $1000 shirt.

[@thegamer5367]

Same with apple its just magic

[@PeachyNik]

That’s actually the resell price and they don’t get that money.

[@iaisosoakoaozoso5453]

Nikki yeah maybe 50$ or retail but not resell

[@nurmazumder2892]

Supreme is surprisingly has cheap shirts ranging from $40-200 on retail but since they are limited people resell them at higher prices

[@bornesone]

Nur Mazumder You call a shitty $40 t-shirt cheap? I wouldn't touch it if it was half that...

[@GalileoFigar0]

That’s very interesting. I feel like the Dutch ‘handy loophole’ was sort of glossed over. I would like to understand this in more detail.

[@JL-pr5jk]

Read the tax law of each country.... This is publicly available information.

[@rabab473]

J L Sounds like a quick and fun read

[@GalileoFigar0]

J L Silly old me. Why didn’t I think of that... Twit.

[@jrezecordero7943]

the loophole is called the double irish dutch sandwich

[@oppionatedindividual8256]

There are many videos on such topic.

[@Aegician]

"And when it needed Steve jobs it bought NeXT" Probably the best thing I heard of

[@christopherpham9181]

If KZbin actually starts putting ads on non-monetized videos by creators who never asked for them, that just goes to show how greedy this corporation can be. This thought is disgusting. KZbin is essentially making free money off small channels and not paying them a single penny. Yes, these are small channels, but since there's so many of them, KZbin will still make a huge profit off of this new policy. I don't care if KZbin hates us now, it must be said by someone. I urge to our subscribers that we spread the message to all creators, and urge KZbin to immediately repeal this new policy. - Father

[@Avis03]

@@christopherpham9181 unnecessary reply

[@stillx1211]

I think the story of Pixar is way better

[@DBossMC]

For real

[@lancetheking7524]

@@christopherpham9181 this reply doesn't make sense in this context

[@damncat2793]

Fun fact: if i buy a 1$ thing on amazon from europe then the shipping is 24$ If i buy a 10$ thing from gearbest the shipping is 1$

[@yaj1v]

ePacket, subsidized by the United States Postal Service.

[@Shure_Lock]

Yes but gearbest customer service is apeshit

[@kap1526]

@@Shure_Lock amazon customer servics isnt better

[@georgebrantley776]

@@kap1526 I dunno what you mean by customer service, but with Amazon generally you can return anything you are dissatisfied with, no questions asked

[@demonking8984]

Duh. Let's say a friend buys a pen from you for 1$ except he lives on the other side of the town. Now you have to get up, go all the way to his house which costs money and give him the pen. Congratulations. You've just lost money. Now imagine if you actually had to carry the pen across multiple countries in the matter of a few days.

[@Gayfrogscollective]

It takes less than 30 seconds of one video to realize this channel is worth subscribing to. Well done.

[@NazmulIslam-ko6wq]

Dustin c Alphabet is the parent company of google

[@studybuddy7060]

@@dustinc1289 i dont know whether this is sarcasm or you are ill-informed

[@emilytittle5472]

This video just made me more confused

[@15Stratos]

If i got it correctly(at an approximation) it's basically legal money laundering.

[@adamschlesinger7344]

15Stratos heck not it explains how big and amazing companies are trying to escape a system that punishes them with more taxes rather than rewarding them. America is trying to be capitalist and is better in it than a lot of countries it’s still very far from perfect capitalism.

[@drod3434]

That's the idea. While we all fight about stupid shit our governments stick to us all. I don't blame Apple for doing what they are allowed to do.

[@Commenter5651]

@@adamschlesinger7344 More like it explains how money laundering is legal for corporations that bribe politicians, but you or me would get a felony and prison time for the same thing.

[@kakahass8845]

@@adamschlesinger7344 But... but capitalism isn't perfect...

[@duckzthepond5955]

Time is money Where do we get money : atm ATM : A Time Machine Wow

[@aliveandunwell430]

smort

[@cristaronaldosewy3000]

It’s from Ben azelart

[@enes4999]

If Apple made a car, then it wouldn’t have windows or headphone jack

[@kingofcovid5211]

Enes Invisible bulletproof windows would be provided

[@zakariaali8864]

Engine sold seperately

[@pomerakchild]

And it would stop running when the gas tank is only 1/4 full.

[@kx7500]

Of course it wouldn’t have windows it would have Mac

[@aemerite4023]

@@kx7500 Nice one

[@vahtito]

This video was INCREDIBLY interesting. Props.

[@PolyMatter]

Thanks Brandon!

[@paulpeterson4216]

This video was incredibly slanted, and massively outdated since the Republican Oligarchy passed the tax giveaway to companies like Apple, and republo-fascist donors like Adelson and the Koch's. Ireland's policy of "beggar thy neighbor" by racing to the bottom and literally stealing tax revenue is not a sustainable model, as it relies on being a tax haven, and if everyone did that, then Ireland would lose all of the phony tax dodge companies that were invented exclusively for tax avoidance.

[@jrodagormykid9063]

My first semester of college in 2007 I was an art major so I got an iBook or whatever it was called instead of the standard ThinkPad (Northern Michigan University was the first college to issue each student a laptop) and it crashed to an unrepairable state on the second day I had it. The tech support kids had no idea how to fix it and I was issued a second iBook.

[@bostaly4383]

When apple is a 2 trillion dollar company 2 years later

[@Uchihasasuk5]

this video wasn't saying they had a problem with growing in size/capital. they were talking about how it's a problem for apple to bring their accumulated wealth back out of their offshore accounts. So your comment is really not a gotcha moment.

[@tornadochaser7226]

Fun fact the true value of their business is 324 billion USD

[@siddjoshi2053]

*and when they needed Steve jobs they bought NeXT,*

[@DarkwearGT]

ikr

[@rhwlol]

its the iSteve jobs

[@accursedcursive4935]

That's misleading, it implies Apple went "Oh, there's a cool dude, let's grab him and dump this company". Instead, what happened was that Apple booted their cofounder out of leadership deciding they didn't need him anymore, so he quit, then went on to demonstrate far greater business skills than Apple now had, so Apple bought him back giving him 1.5 million shares since Jobs also founded NeXT. NeXT wasn't just dumped either, it was merged into Apple.

[@CoffeeD_1]

They bought next because they needed a new computer OS like right then and there. Steve jobs rose up later.

[@mrblob5413]

Next OS is what you call MacOS

[@harshchandra5]

"When it needed Steve Jobs it bought NEXT" ❤️

[@GabivanderKooij]

As a Dutch citizen, I am always proud to see my country in videos.

[@princesidon]

Ja, ik wil Nederlands leren en dit is super cool!

[@TeoZMuff313]

I hear about the Dutch everyday

[@kotballsession5571]

That has to be, a really good discount for the plane ticket.. 1:02

[@philoslother4602]

If Apple buys Netflix, I am gonna get back to cable TV

[@miyuden4118]

You and me both.

[@ChaceBonanno]

Apple's making their own TV/movie streaming service. They quickly became comparable to Spotify when they jumped into music streaming so I'm excited to see what happens when they go into TV/movies.

[@duckagon9359]

CHACE Spotify is much different from Apple Music and Apple TV is garbage

[@ChaceBonanno]

@@duckagon9359 Yes they are different but they are clearly direct competitors, being in the same industry (music distribution). And even when Spotify had been around and had market share, Apple Music came out and successfully acquired many of Spotify's customer base. My point is that they've done it successfully with both computers and music streaming, so it's not crazy to believe they can do it with film streaming.

[@ChaceBonanno]

@NKyoko Hmm that's interesting. You know Hulu has a Live TV option with sports channels and everything?

[@nzwotb2525]

In New zealand the iPhone 10 is worth $2100

[@lilgodzillr]

Only a fool would pay that for an iPhone. NZ has many fools (I live there so I know).

[@abrahamlincoln856]

In Kosovo iphone 11 promax 256 gb is 1199 € And iphone 11 is 789€ i some shops but in some meaby 830 €

[@joseph.wolf.]

USD?

[@moma5501]

NZ WOTB damn, in the US the 7 is down to 300.

[@spede5264]

AD*

[@Oxron206]

Imagine Apple selling electric cars. Have to buy the charger separate for 2000$, AC / stereo system seperate for 3000$, rear view camera for 500$, car itself starts at only 89,999$

[@Multihaker10]

500$ for a rear view camera isn’t uncommon

[@proisalwayspro6967]

No it should be 1000dollors per watt of apple electricity

[@APlusProds]

Well, when you buy cars, you buy “packages” for additional features

[@Rodri-gv8uf]

Back when I watched this video it really impressed me how much you use Venezuela for your examples. It was a nice surprise! :)

[@CaptainMike333]

Holy shit this is confusing

[@ZacharyBittner]

Ya Boi Apple makes billions. You pay 500 for one apple stock. Apple says "don't worry, we have lots of money. We won't go bankrupt" apples stock price drops to 450. Although apple has billions of dollars, you don't see that, you see that you just lost 50 bucks. So although Apple would say "we can make iPhones until the end of time and never go out of business no matter how much we lose" what you hear is "apple can make iPhones into the end of time and never go out of business and every year my stock is worth less and less" So although apple would be wise to sit on all this money. Investors (like you) want them to spend it so they can make even more money. Stockholder desires isn't the same desire as the company. If Apple bought a bunch of companies. If the iPhone fails, your stock is still safe because they own a lot of stuff. If Apple doesn't buy companies and the iPhone fails. You're screwed.

[@djarticuno5720]

tl;dr capitalism is broken

[@slimpickens9135]

Ya Boi ya jackass peasant

[@chickenstrangler3826]

@Prrrrttttt The reason why Apple is doing this is because of governments.

[@IKonrad112]

But at a certain point, Apple's stock would bottom out to at least have a market capitalization equaling the cash/cash equivalents it owns. If it had $285 billion in the bank (say $225 billion after repat taxes) then the stock price would at least equal $225 billion/ the number of outstanding shares. That would be the cheapest it could ever be worth, and assumes zero value on the non-cash assets, the IP, and earning potential of the firm (all of which have intrinsic value). From a technical POV, yes Apple stock is not great in the grander scheme given its current position; but from a fundamentals POV its the golden goose: proven sales, very little leverage, high profit margins, etc. Those who own the stock should hold it for as long as they can, unless things really change.

[@3minutessmarter]

I’m so impressed with the way you took an extremely complex subject and simplified it. Thank you for sharing!

[@3minutessmarter]

Boosted no sarcasm here :)...I think this is an awesome summary!

[@3minutessmarter]

Black Manta - you sir are ahead of the curve!

[@avinashmurthy4690]

This might just be the most underrated video on youtube! So precisely, perfectly illustrated and explained! Thank you @Polymatter

[@Adventurer32]

0:02 EYYYY!!! Eu4 crowd, we did it!

[@thesolitarycactus6455]

Polymatter: It's very unlikely that Apple buys Tesla. Comment section: Apple, please don't buy Tesla!!11

[@tristanritchie4703]

11 got the reference

[@edr.2642]

thesolitarycactus and Apple would end up dreaming if they ever think companies like Tesla and Netflix would sell to Apple. Lol

[@themightyphone4463]

7 - Photo Manipulation, Graphic Design & CGI I dont know man...imagine what Elon Musk could do with all that money...make another electric car company, go to Mars...who knows.

[@thesolitarycactus6455]

ehmm guys? "specially would not be apple". Well I'm completely sure Elon won't sell Tesla to any company but why do you say especially not Apple? First of all Elon is a big fan of Steve Jobs and you can clearly see how the model 3 is inspired or at least have a lot of similar thinking to Apple design. I've even seen iMacs in Teslas physical stores. I get that you don't like(hate) Apple but why would your opinion have anything to do with what Tesla thinks. I've heard people complain about how the Teslas Android app sucks compared to iOS (not sure if thats still the case). If it's one company that Tesla would sell themselves for I'd say it's Apple. However that won't happen so we'll never know. Please give me some arguments to why you think "especially not Apple", I'm honestly interested because I just think you don't like Apple and hope other people thinks the same thing

[@robertwilsoniii2048]

thesolitarycactus Elon wouldn’t allow this, probably. Though he might if it meant he could focus on SpaceX and the boring company.

[@blingblingstarmie-5294]

Looks absolutely amazing, your best animated video to date, keep up the great work

[@PearComputingDevices]

It doesnt just look, it sounds too. I think the author really thought this out well.

[@1004spc]

ㅐ+ㅂㅌ 8 18BlingBlingStarmie - ?

[@sidraines]

Amazing video, only you and Kurzgesagt in the same league.

[@fps6612]

I loved the pinguins

[@seanymoney-_-8409]

But where theres a will.... and $285,000,000,000 There's a way

[@mananjain4416]

That's like practicing corruption without really practicing it.

[@jezreelphil8437]

Apple should pull a Disney and buy its competition

[@MrNeilo911]

Jake think he means google etc

[@theharbingerofconflation]

King Kaiden Not technically, there would still be other corporations selling phones, computers and tablets. Only without any corporate operating system from that point on. If Apple would own Android and Windows (an impossible investment at this point especially since a part of Android runs under GPL but lets imagine here) then companies would have to come up with 10 years of Operating System development on mobile platforms and about 25 years on Desk- and Laptops. It would be a monopoly without technically being one and also 100% legal. However even they don't have the money to buy these companies, not at the moment.

[@liquidmark5081]

VorteX Clan they’d get slapped with an antitrust lawsuit if they did that.

[@theharbingerofconflation]

Liquid Mark You might wanna read my comment as to why that would not be a successful lawsuit.

[@galvinstanley3235]

VorteX Clan You can't eliminate competition,you need permission to make that purchase,from the federal government.Disney has competition in the form of DC Comics.

[@thegopnik5037]

I am german and try to understand what u are saying... now my brain is broken thank u

[@bcnicholas123]

Don’t worry. English is my first language and I still barely understood the first part lol

[@appleslover]

I barely understood the taxes part

[@coci2129]

Lol geht mir genauso

[@firstnamelastname4249]

you are German Gobnik ? now my mind broken thank you

[@cedriccanlas2717]

TheGopnik Same but English is my first language.

[@Noko_]

6:17 “Searching the web for: Siri why do you never understand me”

[@qntkk_]

0:11 "A amount of 285.000.000.000 *dollars* " the bank: *_P O U N D S I G N_*

[@nickrr3626]

Us gov: alright listen big corporations, we have valid reasons to raise your taxes. We're trying to help so and so... If you guys could just... Big corporations: haha *NOPE*

[@rockncreatorforever6058]

Big corporations are so greedy. Smh. They could stay and keep their money in the US. They just don’t want to. Rip

[@user-cq3gp2mu9c]

Nick Rajaie It is a so called game between two sophisticated man

[@UserNameAnonymous]

Us govt: hey, nice bank account. I think we'll take some of it. Corporations: what? It's not yours, it's ours. It belongs to us, we made it fair and square. You have no right to steal from us. U.s. govt: I don't care what you say, it's ours now. Because we said so. Corps: yeah, I'm just gonna leave my money over here where you can't steal it. Govt: HOW DARE YOU

[@marcfitzgerald8068]

o shit, you mean, like, taxes?

[@MuhammadAli-ez6dd]

15 dollars per month and 30 dollars per movie

[@Mr.Beastforpresident]

Can you make a video to explain how Shipping Carriers get away with the money racquet scam of " insurance " on items shipped. Items shipped are in their possession during shipping yet they accept NO responsibility if an item is lost, damaged or stolen. That's like lawn man saying it'll cost you $40 to cut your grass then asking you if you want to give him an additional $15 incase he runs over your mailbox or backs his mower up into your car and if he does and you hadn't paid the $15 you're responsible for something HE did. That's like a waitress bringing your food to the table and dropping the plate of food on the way then telling you it's your fault and you still have to pay for the food because you didn't pay $7 for insurance on the plate.

[@Albanez39]

Buy something for $20 ($70 shipping fees). Bought something for $40, they demand $50 to release the package...

[@uglybozo]

Polymatter: how do you judge companies? Me: based on how well they do against Apple.

[@tameromari2102]

If Apple bought Tesla you'd have to buy an adapter for the key hole. Apple should pay their share of taxes. If I had done something like that I would be put in prison.

[@---kp1hm]

Tamer Omari no you wouldn’t, if it’s in the tax code, it’s not illegal

[@Okayqwick]

Tesla's don't have key holes

[@TechWechSech]

Taxes are theft, avoiding it is a good thing

[@powergrower]

The new tax code does not allow them to hold money overseas. They lowered the rate but forced them to bring it back. Our companies pay more tax than anywhere in the world.

[@omb5722]

Abdiel Roman bruh im dead 😂 💀

[@cnote9401]

You've taken a rather complicated issue and laid the high level stuff really neat. Keep it up! Great to see your techniques evolve 🙂

[@sonofafrica514]

This is more confusing than Chinese arithmetic.

[@spitzkopf2128]

Do you know arithmethic China

[@sonofafrica514]

Kain No, but I do make a great cup of coffee.

[@spitzkopf2128]

Fair enough, you got the job. Lets Start with six figur payment and 6 months later we can discuss again

[@nopestack]

Not sure if the venezuelan flag peppered throughout the video had any intent behind it, but was nice seeing it. Cheers!

[@last12stand]

🇻🇪

[@raistlin1313]

512GB Xs Max is 2900$ in Turkey. They raised the taxes this week to %50 and also USD/TL exchange rate is increasing as well. 1USD is almost 6TL .

[@praharshbhatt2934]

I have never subscribed to any channel this fast. Great video, keep it up!

[@morwar_]

I couldn't have said it any better

[@KristianSyku]

While I watched this video Apple made -> $693,120 😱🔥

[@lordlucas0392]

Kristian Syku $698,896*

[@zexops]

9999999999

[@isthisausername4020]

Omg That’s enough for my dad to get a new home im NY ;-;

[@209jsingh]

My favorite quote from this was when you said “where there’s a will and $285 billion, there’s a way”

[@hevnet]

0:08 Ah... Yes... My favourite search engine... *_ALPHABET_*

[@user-gb7cl8np3p]

u idiot, alphabet owns google

[@justicewarrior9187]

First time seeing your videos... AMAZING CONTENT and incredible that it's actually you who does the animations

[@PolyMatter]

Appreciate it! :)

[@briansmith2589]

Thank god we lowered corporate taxes so Apple still doesn't have to pay any taxes and gets a shitload of money back that it has no obligation to or history of spending here.

[@LePwn4Life]

Brian Smith Think, it doesn’t matter. You get more jobs is the country!! What do you lose? As of now they are dodging tax plus less jobs.

[@ElenaSanchezMora]

No, you get share buy back programs which is exactly what Apple is doing. You were conned. Bigly. Sad.

[@Alex-kc9yr]

Flash Bullshit. How many meaningful jobs can Apple actually create in the US? How many engineers, developers, and designers can they hire before they get diminishing returns? There's an upper limit to those positions, and more than likely, they're already filled. Even if they expanded, it's only going to create new jobs in Silicon Valley, which isn't going to benefit the nation as a whole, and is only going to raise the cost of living in the area. That gentrification decimates the service industry that provides the infrastructure required to support the people who work for companies like Apple. Suddenly, their 6 figure salary is mostly going towards their hyperinflated rent and grocery bills. Any other jobs Apple creates are low-wage positions in their Apple Stores, and maybe some tech support positions that haven't already been outsourced. Apple actively suppresses any 3rd party activity, so it's not even making jobs for independent technicians or 2nd hand resellers. Most of the money they reinvest will be in manufacturing, but those jobs aren't going to be in America, they're going to be in China where they already have factories, or in developing countries where they can get away with paying slave wages and polluting the environment.

[@Jack3md]

Brian Smith any taxes? Lol, go check how much 'taxes' they pay each quarter. Well technically, each month.

[@TheJMilea]

The lowered corporate tax actually made it harder for Apple to get around paying their taxes, they even had to pay back taxes because of the changes enacted. They got no money back. Also, the lower corporate tax helps to keep companies from offshoring so much. Apple offshores the entire manufacturing process of all its products, and so do other companies. It is because they have to pay minimal taxes overseas, hire dirt cheap labor, and they can claim a huge portion of profit AND expenses not in the US. Another thing; here in China they still have to pay the import tax on their products, even though every product is fully manufactured here, but they don’t actually pay it. They instead increase their products price here on top of the tariff that China already has had implemented on all foreign products. So the import tax is actually paid for by the consumer.

[@tanyagaray6685]

I like how SkillShare sponsors informative-animated videos on yet like OverSimplified or Half as Interesting.

[@roninnib6635]

What?

[@4go10fox]

Content of the video aside, this guy knows how to do a sponsor transition like a boss!

[@bornanagaming3329]

This channel is like Kurzgesagt and Wendover Productions combined

[@leowong8777]

If Apple buys Tesla, will their cars have windows?

[@jezreelphil8437]

POINTLESS GUY sold seperatly

[@Luigi64real]

POINTLESS GUY The apple stores are mostly windows

[@Alazen.]

POINTLESS GUY u broke me. I need a restart.

[@Lakshin01]

No they will have holes... Like when we buy Iphones from our wallet

[@muabyt7333]

POINTLESS GUY Tesla would make profits if they buy it 😂

[@lmaoburaz7577]

Everyone bullying apple typing on a iPhone 😂👍

[@Joefuggin]

Lmao Buraz unless their broke

[@cranker7754]

@@Joefuggin correction: unless we are smart for not wasting our money

[@alfredthekoala5754]

Cranker Correction, Unless their broke. Iphones are updated for way longer, thus giving them better longevity and making them a smarter investment in the long run.

[@traveenejolly2652]

Alfred_Swahn he don’t know that android user lmao

[@Nikita-lx5fr]

@@alfredthekoala5754 whoa dude good Argument for getting an iphone. So i can have iphone i dont want for longer thank you didnt know

[@wolf_stark]

As an Irishman, based in Dublin I confirm!!, Our tax system is bullocks!! We the common folk pay ludicrous amount of PAYE and USC taxes!! Adding to this madness, rents here for the humble laborers are beyond any logic!! Where shared rooms cost around E450 the upper bunk. No kidding, these big corporation must pay more.

[@CommandoMaster]

Apple relies on it's branding and image to sell overpriced products. Beats is a perfect match for Apple since it's all about marketing while the specs don't justify the price of the product.

[@camolambox2525]

Like Apple made the iPhone x for 350€ and they sell it for 1200€

[@maciej2470]

@@camolambox2525 not 350€, it's 150€

[@camolambox2525]

K apple is even worse than I thought

[@moneebkhan8951]

It was 100 dollars, both yall wrong

[@jakesmith8964]

You're also paying for R&D and security though

[@Masaru_kun]

i dont agree with presenting lower taxes as a solution to tax loop holes lol. just close the damn loop holes and stop this race to the bottom

[@raviolooo3841]

Totally agree, if a company can avoid paying taxes with loopholes they'll keep like that because it's legal. Why should they pay taxes, even if low, if there are legal ways to avoid it?

[@nujabes4]

Remove a loophole, three other are discovered. Completely eradicate loopholes in your country? They’ll jus move headquarters somewhere else.

[@harrywang4769]

@@nujabes4 Yeah, just stop doing business altogether in the United States lol

[@PrezVeto]

The reason not even the politicians you like can ever seem to get rid of loopholes, is that they can't be gotten rid of. It's a bad analogy.

[@davecullins1606]

I think a better (but not more practical) solution would be for the public to both demand that the companies pay ALL the taxes they're supposed to, while also checking up on them regularly to see if they try not to wherafter they then boycutt them into submission.

[@Remze]

As always, super clear and well explained video. Thank you for this PolyMatter.

[@Bliitzkriieg]

“Yo apple buy Netflix” “We don’t need Netflix, we have Netflix at home”

[@spede5264]

apple tv+ 😭

[@nadunwijesinghe965]

If there so rich why can't they can't cover my cracked 8+ screen under the bloddy warranty 😭😭

[@Dakarai_Knight]

ClashWith SKULL they are rich because they don't lol

[@matitigamez5285]

So they can have more money to invest and make better phones for us.

[@DarkwearGT]

they greedy

[@DarkwearGT]

@@matitigamez5285 lol no

[@Just999Me]

stop buying their phone. consumers have more power than they think but don't change their spending habits to reflect their interest.

[@L1PiD]

Glad I found this channel. You deserve more subscribers bro, keep up the good videos 😎🔥🔥🔥

[@evansilversun3838]

Great job bruh! Infoative and entertaining to watch ;)

[@connorlynch3474]

I'm surprised in the comments with the Apple hate. Listen I also love making fun of Apple and their ridiculous prices, but if you really think everyone you uses Apple products is a sheep as opposed to being willing to pay a lot for a really well designed product, I think you're maybe just jumping on a bandwagon.

[@alquinn8576]

check out Louis Rossmann on Apple's shitty macbook design & hardware issues

[@Uchihasasuk5]

well, also because they are funneling money out of our country and leaving the lower and middle class to hold the bag. that's pretty bad.

[@SylhetBAULA]

Well explained thank you.

[@kushaladhvaryu2910]

One of the greatest videos I've ever seen! Loads of efforts and research are put in this video! Keep it up , really love this video!

[@mathiasbrenner9442]

"apple says no where other commpanoes say yes" Repair your devices? no Softwaresupport for old devices? no standart powerplugs for multible devices? no ... ..... .....

[@dodoontherocks]

Apple supports up to 5 year old devices with the newest software unlike Samsung etc were you are dropped after 2 years.

[@dodoontherocks]

They do repair your devices.

[@dodoontherocks]

And yes the lightning thing is a hit annoying but they use USB C for their laptops and Tablets.

[@dodoontherocks]

Anymore stupid comments?

[@arnox4554]

@@dodoontherocks You should watch some Louis Rossman some time.

[@Kalbr0shorts]

6:17 It says "Searching the web for Siri why do you. never understand what I mean" there

[@disappearingartists8893]

Where

[@disappearingartists8893]

Oh nvm

[@RahulKumar-fz4xf]

you are such an amazing content creator!

[@oromain]

This is my first video I've seen of yours but I have to ask Are you inspired by CGP Grey? Your vocal delivery reminds me of him.

[@JCResDoc94]

☼ this is a gr8 entry. i take back other things ive said about amazon missing aspects. seems like you know it all just fine. id love to see more on a china compny, like weibo or ...idk. ill think of questions im trying to answer.

[@GoldenThunderYT]

3:58 just get the card then get PayPal and put the card info there or just use it on digital stuff

[@sergrojGrayFace]

What made Apple Apple was Steve Jobs. Apple's "shut up, I know what's best" strategy was successful only because he did know what's best most of the time. Now it feels like they're increasingly carried by inertia which won't last forever.

[@boxbird5723]

I wish they still kept that culture

[@bishopdante]

Nonsense. That is a misrepresentation of his management style, and also how big a company apple has been. The problem with apple is that the product designers are considered the "secret of apple's success", whereas the computer scientists and software engineers are not taken seriously. That was not Steve Jobs policy or ethic. Steve Jobs cared about quality and wanted apple's technology to revolutionise human society. Hence crappy stuff that nobody wants... Or just kicking the can down the road... you can go work for some other company.

[@trollwayy5981]

Velz Music im the complete opposite. I love apple devices, (IPad Pro 10.5) and IPhone 11 Pro) but hate their computers (2013 Whatever it was like 2 grand) and i love Windows flr computers

[@trollwayy5981]

20x better and 1/2 the price

[@wal_rider8479]

Velz Music the laptops i can get behind to some extent, but I can’t approve of the overpriced, underperforming “compact” PCs. like you have no idea what beast of a PC you can but for 1000 dollars, here we have apple selling old hardware for 5000dolars

[@JesusSucksUrDick]

Better analogy "It's like waiting for the inheritance that the Nigerian Prince promise you"

[@davidhudson9799]

These videos are some of the most interesting and educational on KZbin!

[@peterw.8434]

I think you mixed something up there in 1:03 Berlin shönefeld (SXF) is not located on the east coast 😅

[@RHCroeihardcool]

I'm absolutely in love with your videos, they're amazing and just animated perfectly. See you in 1 million subs.

[@PolyMatter]

:)

[@padhle_chinmay]

@@PolyMatter Do you remember them? :)

[@baukepoelsma]

Really high quality video! Subscribed!

[@ClaspedDragor]

This was fascinating, I love your videos

[@Albanez39]

"When the US lowers it's corporate tax..." Then people wonder why the economy is stagnating...

[@Amir-jn5mo]

Yes blame it on taxes and not loopholes and greedy ass companies wanting to freeze their money instead of paying for it.

[@Albanez39]

@@Amir-jn5mo Both my friend. The same people that are trying to lower taxes for the super rich, have also helped maintain those loopholes in place. The same people are also eliminating regulations, and allowing every corporation to do whatever it likes, from Big Pharma to Weapon manufacturers. And I won't blame just the Republicans...because I'm not American and I'm not brainwashed by one side or the other. Both parties are crooked and malevolent; merciless capitalists who might talk all day about racism, gays, drugs, guns, war...but they're all innit together, no matter their social views and ideologies.

[@PrezVeto]

Taxes do not prevent economic stagnation; they cause it.

[@Albanez39]

@@PrezVeto Depends what your definition of economic stagnation is. If you're only judging by a country's GDP, or how rich are a country's biggest corporations, you're doing it wrong. I've always said: You Americans have a really contorted view of the world. Apparently not just about society, culture and politics, but also about economics. Enjoy your upper-middle class salary while millions of people have to work three jobs just to pay rent, bills and feed themselves; while hundreds of thousands are living in the streets, begging for a leftover hamburger, many of them after having fought for your privileged ass in stupid wars that have only been waged so the biggest military corporations could make billions! If you think Capitalism is a good system, or worse, a fair system, you've been heavily brainwashed. Capitalism can't allow equality, freedom, and the existence of a harmonious society; It's the biggest reason why our world is so inherently toxic (both physically and figuratively). For as long as your corporations earn billions and are able to get away without paying taxes at all (the bitter reality), democracy won't exist. And in a matter of speaking, it can't exist; It falls in the same category as Communism, Anarchism and some other less popular ideologies. They're great on paper, but they can't be put to practice. We're humans, inherently egoistical and apathetic creatures! We can only strive to implement measures in our already broken system, measures that might help the unlucky and the desperate breathe some fresh air for once...

[@henrypotter3024]

Wasn't the corporate tax rate like 90% back in the gilded age with standard oil and all that?

[@shayan_ecksdee]

I did not understand anything, but great video.

[@MrSushant3]

I replayed atleast thrice 🤣

[@jhonnytapia5534]

Great video. Great channel. = subscriber👍🏻

[@suntzu1409]

"Neva trying to make a quick buck" Apple: Am i a joke to you?

[@jessewoodbury9769]

Amazing video. Feel like I learned so much

[@benderbi]

Don't know why u used venezuelan flag that much but it was nice to see it on this vid! Cheers from Ccs Vzla!

[@josebarriosve]

Tambien me pregunte eso

[@jacobouztariz9097]

Jose Barrios hostia

[@jacobouztariz9097]

im from yo moma

[@clashcrafter]

because you're poor. pretty simple

[@luigitheloli5198]

Edmi Perez #venezuelanslikeme

[@LoverOfTech]

I haven’t finished watching the video and I subbed 💯 legit use of graphics to explain

[@GizmoMaltese]

Try Vox

[@goldcoderscorp1668]

what software you use for the video?

[@bennybau123]

"being given the world's largest bank account, without any ATM to withdraw from" I would have no problem with that, I haven't been at an ATM in over a year.

[@willtypes]

Wow you literally explained Apple perfectly at the end

[@whataderk]

I remember in 2005 when I got my first MacBook, I thought that Apple was genius for making such simple and user friendly products. Forward 13 years into the future and now they are tech juggernauts because they never changed their vision.

[@brooklynmiscellaneous601]

The Foreign Earned Income Exclusion (FEIE, using IRS Form 2555) allows you to exclude a certain amount of your FOREIGN EARNED income from US tax. For tax year 2018 (filing in 2019) the exclusion amount is $103,900. So not exactly.

[@anonymoususer3192]

Netflix owned by Apple: After the paid membership, you have to pay extra to change the languages They always put big and fat font subtitles in russian, and if you want to remove them you have to pay

[@sasankpotluri4873]

Percy Jackson you are dumb and it shows in your pathetic attempt at comedy

[@clickbaitpro]

😂

[@bletwort2920]

Can confirm. I have an iPhone can Tim pops out of my phone to charge me for changing languages. Get a life broke Apple haters.

[@clickbaitpro]

@@bletwort2920 Triggered action going on... It's just a joke....why apple fanboys cant bear a joke?.... chill the fk up