Too Much Money: Apple's $200 Billion Problem

[@SuperSmashDolls]

Imagine owning a machine that prints money, but investors complain that you didn't buy a second machine that also prints money

[@wolfman4562]

I just here more money

[@thomasknig7577]

More like imagine you have already covered every square inch of the planet in money printers and investors complain you aren’t building a new planet to put machines on

[@Mannalon31]

What would you do if you own one, you still need to buy raw materials though

[@rwilliamisen]

This right here wins my backhanded witty comment of the day award. Haha!

[@af2547]

@@thomasknig7577 you already have a planet of money printers, that’s the logical conclusion… or like building a second floor to the money printers, like a Jupiter brain.

[@Thedarkknight2244]

This just shows how unhealthy the financial systems are in big tech. Being expected to keep growing is not a sustainable expectation. Especially for apple which has already made it big and is clearly super successful. The whole point of explosive growth is if your a company in its early stages. And not the behemoth of apple

[@billysgeo]

Most financial systems are unhealthy at that level

[@KhaalixD]

What about increasing corporate tax for companies of a certain profitmargin? To promote reinvestment

[@GreenBlueWalkthrough]

Also with more money in the bank then most nations they can weather any storm... if they go into debt like Telsa always is then when the bad time comes we might lose Apple... As who would not get bailed out as no government needs them unlike Microsoft or GM... Also expending into every industry only works if you are dedicated to making it work... Apple isn't and may fail because of it as it's a trap to many companies fall into... So yeah hopefull Apple can talk some sense into those investers or go privite as it really does not need them.

[@Bluntoze]

It's the whole global system where you can pay almost nothing to someone in Africa to mine for resources , and keep all the profit for that. Add a lot of corruption in the middle and here you go. It's not about the genius or hard work. It's about how immoral are you willing to be.

[@zollen123]

Insanity of greed

[@TLDRbusiness]

Apologies, this might not be TLDR Astrophysics but even I can admit those Pluto numbers look a touch wonky - I might have been measuring when Pluto was on their annual holiday to Mars. Anyway, the point still stands it’s a lot of money even if the exact maths doesn’t work as well as the pretty graphic makes you want to believe - Jack

[@Maximara]

A dollar bill is 6.14 inches (15.5448 cm) long. 1 AU (Earth to sun) is 150 million kilometers so it takes 9.6495291 × 10*11 bills to cover that distance. I am avoiding "billion" because a long "billion" is a short "trillion". Apple is using the short billion so they have $3.78 × 10^11 dollars or around the distance from the Sun to _Mercury_ .

[@tranbaohoangvu9464]

:D

[@WPaKFamily]

3:41 How in the world did you manage to mispronounce Nike?

[@thomsonjoy228]

@@WPaKFamily Nah he pronounced it correctly

[@WPaKFamily]

@@thomsonjoy228 lol

[@tomnaylor4818]

I'm not sure where they got that Pluto figure from... according to Google, Pluto is about 5 billion kilometres away - 378 billion dollars wouldn't even get you there once

[@danielsosa63]

Yeah I was really supprised by that number too

[@Alex-sr9pq]

i think they forget to convert km in m

[@FlorianWendelborn]

@@Alex-sr9pq Even then it’s just wrong. They’re claiming you can reach 5 trillion meters in that case since it’s "over 1000 times". The math is off by at least a factor of a million, if not more.

[@tomnaylor4818]

@@FlorianWendelborn Doing the maths, it would be about 59 million km, about 8% of the distance. That puts them out by a factor of about 12,600

[@FlorianWendelborn]

@@tomnaylor4818 Is that side-by-side or stacked? I was assuming they mean stacked

[@brendanrobertson5966]

What they don't do... is pay a real amount of tax where they sell products.

[@Lobanjolom]

@Allan Cameron morals and ethics, but this is a company so none of that igy

[@tarsierontherun]

Or you know... pay their non-US employees a living wage.

[@patdbean]

They could start paying a "real" dividend. Rather than the 0.59% they paid last year, they could get a bit closer to the stock market average or 3 to 4%

[@Rivs5117]

They need to do that and raise their engineers salaries. Being an engineer for a FAANG company is stressful.

[@fischX]

Apple stock actually a glorious bad investment you get interest below inflation - so you just burn money and hope for raising stock prices - who are actually falling too atm

[@emanym]

They could start giving out scholarships to train the next generation of scientists and engineers they will need.

[@Rivs5117]

I believe this will eventually happen. I can see them starting their own university to solely train their own workforce so they’ll never have to worry about labor shortages.

[@dragonfire3727]

@@Rivs5117 they Will likely build a training center,to attract low skilled workers which is in shortage in all devoloped countries.

[@godlistenmnkeni2454]

That crab holding an apple was hypnotic 😂😂 I would be stuck if he didn't snap me out of it

[@Anty2004]

These profit margins prove just how much you're being over charged for their products. Don't do it to yourself, you deserve better

[@theobserver3753]

Same goes to Android though. They just sell your data instead. Even Ads on your Lock screen sometimes.

[@nashizumrud2090]

This video made me laugh for some reason. I mean take Ben's cameo for example at 3:09, or those perspectives about the macs yachts pluto dollar heights at the beginning of the video.

[@GeliCarlosJ]

If Apple don't know what to do with it they can donate it to my bank account. Thanks in advance 😂

[@tomlxyz]

Would you keep all that money to yourself?

[@reddragon100]

@@tomlxyz they give me few billion as well. I would even be satisfied by few millions

[@-PBDPodcast1]

☝️☝️ Tell Elon I referred you to him for a business investment that will change your financial life♠

[@FatRonaldo1]

Imagine paying apple store workers more money

[@juanfranciscovillarroelthu6876]

Tim Cook: Lets not get crazy here

[@shanep.7184]

Paying people is always a supply demand problem. In terms of service jobs, Apple store employees already get paid comparatively well and Apple will only pay what’s required and not a cent more.

[@shway1]

@@shanep.7184 thats the problem

[@shrin210]

@@shway1 Apple is making profit due to Engineers team. I think they are already paid very good enough. But they not paying good for manufacturing and assembling third party employees. And they are neglecting their responsibilities here.

[@Rivs5117]

They raise their minimum wage to $22/hr for worker. Their engineers need a huge huge salary raise.

[@jpscsa]

Here is a crazy idea: apple could pay taxes in Europe.

[@chrissoto7187]

That too expensive

[@billyfox6368]

Or, they could stop cutting costs by abusing Chinese labour and such.

[@haroldb1856]

Give Europe money to buy Russian oil.

[@jc3drums916]

@@billyfox6368 Not to defend Apple too much, but technically it's Foxconn, Pegaton, etc., who are abusing the laborers. Apple could pay those companies more and demand they give the laborers a better wage, fewer hours, etc., but that doesn't mean they will comply with Apple's demands when Apple isn't looking.

[@billyfox6368]

@@jc3drums916 Apple doesn't even try, though.

[@mattbosley3531]

I know they use TSMC for their chip fabrication but maybe they should consider building their own fab. It would give them more control over their products which seems to be what they want.

[@kripler3001]

I bet Apple already have enough sway with TSMC decision making. TSMC won't readily share their secret manufacturing process which made them the behemoth they are as a fab. But I guess this is one reason why TSMC is building one in the states.

[@AlexMkd1984]

@@kripler3001 tsmc chip sells like apple product pathetic loser company people belive in apple lies 😂

[@Unders]

Id love it if they just paid their staff better.

[@xenico8233]

Pretty sure Apple employees have very good salaries when compared to the market rate

[@philm5977]

Cheap labor is an implied rule of capitalism. Maybe some people working for apple are paid well, but certainly not the Chinese that manufacture the iPhones.

[@Unders]

@@xenico8233 I worked at Apple for 8 years as a creative FYI and left over a dispute in a 1% yearly pay rise. After delivering rough 300k in revenue. Because “You’re already at the top of your pay level” so I walked ✌️

[@johnsamuel1999]

Arent apple employees paid well relative to their counterparts in the same profession

[@marilynlucero9363]

Was about to comment this suggestion "They could pay their laborers better"

[@Ivanfpcs]

Things apple could do that would acctually be a good idea: - Paying their staff better - Making their phones cheaper

[@gianniwu6564]

I would be happy if they just stopped pulling things away from the phone, like the charger and headphones.

[@tomgl6684]

The first one, definitely. The second one... Ehhhhhhhhhh..... I've owned iPhones and androids. iPhones were my first proper smartphone. My 4S battery tanked and the one in my 6 also tanked but couldn't even be replaced because the frame had bent, meaning a replacement could damage the motherboard. Both of them needed their screens replaced at various points. I couldn't believe it when I found an Android for £150 that did everything I used to do on my iPhone AND had a replaceable battery. Sure, the camera wasn't as good and it felt cheaper in the hand, but the camera was the only practical drawback - even the screen PPI was comparable to an iPhone of the time. (The replacement Android I got cost all of £230 and has a camera that's absolutely fine - I've even recorded semi-professional videos to promote the national organisation I work for with it.) Neither of my Androids have suffered cracked screens and I have both stepped and dropped gym weights on the second A HUGE part of iPhones' market is their lure as a status symbol, of feeling "exclusive" even though they sell gangbusters to lots of people who would see no tangible drawbacks on a cheaper Android. Take away the expensive luxury brand factor and most of the market - perhaps save for their SE editions - wouldn't be interested.

[@Annou7la]

@@tomgl6684 an iPhone is a status symbol for People making basic salary. Anything more than that and it’s not

[@tomgl6684]

@@Annou7la What a ridiculous comment. You don't think there are people on city trader levels of money who wouldn't be seen dead on a "cheap" Android handset? A status symbol like the iPhone is not just about being the "expensive" option relative to your own wealth - it's also about not being seen to own a poor person's alternative. Having a high end car stops being a question of affordability after you hit £100k a year - but how many chief execs do you see driving a one litre VW Polo? Absurd take.

[@harikrishnanchandramohan4209]

I don't understand. Why cant these mega caps go private since they have a lot of money. why deal with this growth torture from the investors?

[@GethinOakes]

5:40 The acquisition of Intel's Modem business had absolutely nothing to do with Apple's move to their own silicon chips in Mac hardware or other hardware. That was started back in 2008 when they purchased P.A. Semi which was a semiconductor company and then started to create their own chips to put into the iPhone and over the years improved them and made other similar acquisitions. Apple hasn't done anything yet (publicly) with the Intel Modem acquisition, mainly due to patent issues with Qualcomm.

[@rishg7623]

I want to preface this by saying that I really love TLDR and have been watching all channels for the better part of six months now. But I feel like a part of the video putting in perspective apple’s wealth might have been unnecessary/repetitive at times. Not sure what others think, but when your videos are more straight to the point and saturated with data, I find it more interesting and more engaging. It makes me reflect on the content at hand. On another note, I am enjoying the direction this channel is taking and the topics overall have been interesting (especially the exclusive ones on Nebula).

[@KrzysztofBob]

Because dollar bills are the same size, irrespective of denomination, imagine side by side stacks of around $1500, stretched around the entire equator. If you wanted to pick them up, a 6-7 mins brisk walk would make you a millionaire

[@-PBDPodcast1]

☝️☝️ Tell Elon I referred you to him for a business investment that will change your financial life♥

[@-PBDPodcast1]

☝️☝️ Tell Elon I referred you to him for a business investment that will change your financial life♥

[@StephenGillie]

Nike is Greek for "victory", and the E at the end is pronounced. It's "Ni-kee" not "Ni-k".

[@Aiyoh-]

"And meta are investing big.. in to whatever this is" LOL

[@davestrider2045]

My first 2 thoughts are dividends and semi-conductors. Didn’t the whole point of stock use to be dividends? And as for semi-conductors, I feel like investing in semi-conductor manufacturing (while absurdly expensive) is almost a sure-fire way to make money (unlike self driving cars).

[@Thedarkknight2244]

I read this thing in the FT. If they give too much in dividends, it shows that they don't have a proper plan to invest there money to keep growing. Its very counter intuitive.

[@rahulmathew4970]

Dividends are paid by companies which do not see much growth. Like food, tobacco etc. Basically you have so much money and no customers. So paying dividends sends a wrong message to investors that the company doesn't have much growth potential. Thats a death nail for tech companies

[@Alpha1Epsilon2]

@@rahulmathew4970 ah yes because investors hate money so much

[@rahulmathew4970]

@@Alpha1Epsilon2 No investors love money of tomorrow

[@bruxi78230]

Of money returned to investors, Apple splits it between 25% dividends and 75% share buy backs. Buy backs are more beneficial for investors. Apple's stated goal is to only have enough cash on hand for corporate purposes. It's a very efficiently run company.

[@graham1034]

Looking at Apple's cash reserves, they're down 55% since 2019. I'd say they're on the right track at the moment.

[@aarononeal9830]

Please talk about Ecosia they are a search engine that plants trees

[@DrLogical987]

The appropriate "perspective" is to compare with the GDP of various, entire, countries

[@-PBDPodcast1]

☝️☝️ Tell Elon I referred you to him for a business investment that will change your financial life♦

[@tbud3734]

Do they pay correct tax in USA? just asking...

[@fosterwhales1027]

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[@fosterwhales1027]

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[@fosterwhales1027]

@ Larry Kent Nick Trading

[@martinsriggs2441]

Mr. Kent has good connections with big investors as he works in the stock market, so finding a partner won't be a problem. I'm almost working on it during the unification process

[@tomlxyz]

Their earnings is in the size of my country's whole GDP

[@philipjones3599]

We are in Q3 2022 now where did you get those numbers...?

[@-PBDPodcast1]

☝️☝️ Tell Elon I referred you to him for a business investment that will change your financial life♥

[@davidlewis5929]

You are mixing terms in this video a lot. Apple did 378B in revenue which should be looked as how much they did in sales. Saying that Revenue is the same as Earnings is misleading, it would be more accurate to say that Earnings is the same as a company's Income (still off some but close enough).

[@Gronmossa]

Is it possible to get this channel in podcast format?

[@kageisuke]

Unless Apple is going to pay taxes on those billions, cry me the tiniest tear and play the smallest violin about them having so much money they can't spend

[@-PBDPodcast1]

☝️☝️ Tell Elon I referred you to him for a business investment that will change your financial life♦

[@insertname2insertsurname216]

Fun fact: 378.35 bln. $ is more than the nominal GDP of Malaysia (372.7 bln. (Source - World Bank, 2021) ), a top 40 country by this metric.

[@hblaub]

Apple, a company, has more money in the bank than a lot of countries per year. Isn't that great? Tim's smug face when he explains how Apple wants to be green and save the world and that stuff - while he would have actually the money to buy the rain forests of the Earth completely and turn them into nature reserves?!

[@bruxi78230]

@hblaub -- Apple already is green. They've reached carbon neutrality in data centers, offices, and stores worldwide. There is not another company on earth that has achieved that or spent as much as Apple. They also own a mangrove forest in Colombia because they sequester 10x more carbon than other forests. Also they have spent a ton of money helping to re-forest sub-Saharan Africa. This was important to Steve Jobs and Tim Cook is the one who implemented the many programs. Your comment is unfair to the max.

[@hblaub]

@@bruxi78230 Let me also tell you that I had a MacBook in 2012 with replaceable components and it still works until today. But newer Apple stuff is glued shut and single mainboard throw away. I know, I know, that does not fit into your Apple-is-Green-and-sexy narrative.

[@bruxi78230]

@@hblaub ---- Sounds like you haven't read what they are doing with respect to recycling. They are building robotics to do the work of recycling all their devices including internals like the motherboard. The goal is to provide all metals needed for future devices without mining new ores. Unlike every other OEM in the industry the body of their devices are made from aluminum instead of plastic. This aluminum is already being recycled into new devices. You may not find it sexy, but Apple is way ahead of any competitor in the world. Sorry if reality doesn't agree with your incorrect ignorance driven narrative.

[@hblaub]

@@bruxi78230 You are a complete corporate shill. "Your plastics and metal will be melted" is what you are basically saying. Instead of building something like the Framework laptop - or even older Macbooks! -, which are repairable. You fanboys suck.

[@hblaub]

@@bruxi78230 And also, you did not read anything I gave you. No appreciation for anything I do for you to educate you. Instead you are deflecting to other crap like "recycling". Sure, things like car tires cant be built any other way, so they have to be recycled. Apple instead chooses(!) to build one mainboard block when nearly every other company in a similar category uses components....... Do you even understand what a component is? Maybe the hard drive, lets have it simple.

[@lawrencefrost9063]

This is one of those Good Problems to have..

[@babyzorilla]

All that R&D and Siri still sucks

[@skaterfreak7658]

I think you guys said the revenue number for earnings 94.68 billion in earnings for 2022

[@fredmidtgaard5487]

What is RnG? Some kind of music?

[@loki76]

Any takers on "Apple Car or iCar EV" in the near future

[@siyano]

a big chunk of why they have so much is the amount of "scummy" tactic and loophole they use, having company in countryside china and paying their employee at very very low rates, having huge brand recognition and being able to sale for a very big profit, tax haven, tax loop hole, etc etc etc... maybe if they would pay their due diligence they would not have so much. And then, you could use that for increasing the well being of people in general, I mean, that amount could be enough to make sustainable tech, that dont need so much advertisement and needing to be change yearly.

[@StephenGillie]

Not an Apple shareholder. Apple should increase share buybacks and draw down their liquid asset holdings to a more reasonable level. If they can't figure out how to invest all of that money into either growing the company, bringing more things in-house, expanding into new markets, or merging and acquiring new tech - then they should return it to investors for them to invest in other industries where there would be more growth. This would maximize shareholder value without really impacting Apple's other stakeholders, and arguably removing this asset-become-liability could slightly improve the situation for these stakeholders. And having this money be spent in other investments means it will flow through the pockets of more small business employees and local governments as well. The money is doing nobody any good while confined to a bank account.

[@bjarnenilsson80]

OkI'm somewhat late to the party so this might have been mentioned already., but why can't appke use some of that cash to buy back extra stock? Thus woul 1: reduce the bank balance, 2: reduce the power iof external investors, 3 reduce the impact of future dividend payments ( as they would in effect be paying themselves/ not needing to pay dividends on their own shares)

[@jonhoops1]

Did you miss that Apple has bought back nearly $600 Billion in stock in the last decade. A total waste of money giving perhaps a marginal boost to the stock price. Stock buybacks used to be illegal for good reason, they usually benefit only the corporate officers. Better to use the money for something productive like buying a couple fabs.

[@bjarnenilsson80]

@@jonhoops1 yes I did, thank you for taking the time to replay. You raise an interesting point, but correct e if I'm wrong,oustanding stock is allso considered as debt, so bying back stock would be reducing that debt ( unless you have to borrow to buy them back, not the case here). Isn't reducing debt a good thing, what am I missing?

[@TechTipsUSA]

Is this video 24 FPS?

[@bryangui4208]

As someone else has pointed out, that factoid about dollar notes reaching Pluto is grossly incorrect. Pluto is 5.33 billion kms from earth. A dollar note is only 15 .6 cm or just 0.156 m or 0.000156. doing the math it falls far far short of reaching Pluto even once. Maybe Sunak is right after all about getting Brits doing more maths .... Just kidding.

[@kevinhardman6237]

I would die a happy man trying to eat that many big macs

[@user-op8fg3ny3j]

Can you do a video about the AI winning an art contest?

[@tomlxyz]

They lose so much to inflation as some billionaires have as total net worth

[@xanderreyno]

Binge watching the vids on the new channel and they're all so interesting, thanks!

[@loki76]

I heard that several years ago they had close to 400 Billion off-shore.

[@randomguy-hn2ny]

If you're still looking for good topics to cover on this channel, a short biography of Bill Ackman and/or other important businesspeople would be interesting!

[@blackscholes4401]

With their unrestrained buybacks, their cash balance is $28b

[@mishkosimonovski23]

Maybe develop iFold phone. Or investing in some cutting edge technology - 3D printing, Robotics, iCar, Social network, Neural network, Quantum tech.

[@matejramsak9074]

Apple should: - pay their workers fairly - pay their taxes in Europe - strive for a suatainable development - give SOMETHING back to the world. When their profits superceed their ability to manage them, how about donating some to the impoverished regions? Consumers should be more rigorous in rewarding/blocking a company based on their ethical agenda. And Apple is ready to be blocked.

[@SilentEire]

Incase anyone was wondering; Apple along with most other tech giants spend several hundred million dollars a year on “giving”. Whether it’s community spend, collaborating with NGO’s or just charitable donations. Obviously it’s pennies compared to what they earn but it is a significant amount that does make a difference. It’s easy to complain that they’re hoarding cash; but at the end of the day their primary goal is to return value to their shareholders, it’s legitimately their No. 1 goal and if they didn’t do that they’d actually be breaking the law. You can disagree with that system all well and good, but it doesn’t change that fact 🤷‍♂️

[@Rivs5117]

I absolutely agree. Without shareholders a company is worthless. People just like to complain and feel entitled.

[@xuover]

Apple's wealth/money issues are better shown by comparing Apple to countries GDP. If Apple were a country, In 2021, it would have the 38th highest GDP (according to world bank data). In front of places like Hong Kong ($368B) UAE ($358B) That later produces oil and is a tourist captial amongst other things. TLDR; They make more money than an oil bearing nation😢😢😢😢

[@PureAlbania]

Wow, what a big error from TLDR. Anyone with a bit of thinking should know that Pluto is pretty far away. Just look at a real scale picture of the solar system. But 1172 times!!!

[@priyanshuvettori5179]

I also want to suffer like apple 😭😭

[@phoenix5054]

They could’ve bought Tesla with this money some 4 years ago, when everyone was saying they should.

[@-PBDPodcast1]

☝️☝️ Tell Elon I referred you to him for a business investment that will change your financial life♦

[@thechosenone1533]

I doubt Elon Musk would have sold.

[@phoenix5054]

@@thechosenone1533 He said Tesla’s stock was overpriced when it was below $100 billion market cap. That’s less than half of Apple’s free cash.

[@thechosenone1533]

@@phoenix5054 They could have offered 500 billion dollars for it and he still wouldn't have sold.

[@phoenix5054]

@@thechosenone1533 I'm pretty sure he would. He sold PayPal you know? Selling companies even those he nourished is not beyond Elon Musk. Ofc he wouldn't sell now because Tesla is worth more thabn $500 billion.

[@mwitalemi]

Great video as always guys. Please fix the Nebula Android app.

[@CRAZYCR1T1C]

TLDR needs to recheck their calculations to Pluto because it’s further than they think

[@mphuthipula2527]

The best decision I ever made in my life was investing in financial market. Trust me guys, it pays!😊

[@ralucaapostol4652]

You're right 👍

[@ralucaapostol4652]

I bought Bitcoin and Ethereum August last year and I made 6grand into half a million after taxes. Now I took that half a milli.. basically made me more money than 35yrs in granding within 6 months. That's digital currency

[@kelvinjeff3893]

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[@philipgrombliniak5651]

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[@mas7833]

How about paying taxes so counties they sell and operate in can provide the services, like healthcare and education, that people need.

[@scottfranson4215]

Useing CHild Labor of China, but charging the world almost $1000.00 a phone that in a year or two they will text email you constantly . while parts are made cheaper .

[@nicholasorr6051]

I don't for a second expect this to actually happen in a meaningful way, but how is noone (in the video or in the comments), suggesting that if a company has stacks of money this big burning a hole in its pockets, they should be making significant philanthropic spends??? The challenges our world is currently facing are immense - and I'm not talking about the new tech 'frontiers' of AI, self-driving cars and so on. I'm talking about climate change. Food equality and security. Clean water and adequate sanitation. Educational access and equality. Affordable healthcare. Access to life-saving medications. The list goes on. Imagine if a company like Apple decided 'You know what, we've made obscene amounts of money dwarfing most entire economies, and maybe it's time we put some of that money to use where it can do the most good in the world.' Could $200bn cure cancer? Could it get a reliably safe and sustainable water supply to every human on earth? Could it get our carbon emissions moving backwards? Could it do ALL those things??? We'll never know unless the companies who have to means to try, find out. Sidenote now - but even just look at those R&D spends by Apple and others (all going into AI, self-driving, Augmented Reality and so on - all these ridiculous tech advancements that nobody asked for!). Imagine if they just put those spends and nothing else into philanthropy. Imagine if they all put HALF or a TENTH of that into philanthropy. Thats tens of billions every year going into our worlds biggest and most critical challenges. Imagine the good even that would do. . . If you still need any evidence that the most powerful driving force in the world is greed for wealth, look no further than the fact that for the biggest company in the world, with a net worth in the trillions and billions literally sitting in the bank, their biggest concern is how to make even more money and keep their investors happy. Or the fact that a video with 5,000 views and 50 comments about a company trying to find a way to spend $200b hasn't raised a single mention of philanthropic spends...

[@nicholasorr6051]

Correction - at the time of posting, two other comments on the video suggesting anything vaguely philanthropic or 'human-investment' oriented. 2 other comments buried right at the bottom, a long way under "Well Apple can put the surplus in my bank account". I stand by my point. . .

[@XTony64]

While I tend to agree on the general idea of “too much money for a single entity/individual”, I’m also convinced of two things. First, the private sector, especially tech giants, are the major cause of the problems that you were listing. Apple is famous to pay below living standard wages to the workers in sweatshops in China, while also mobilising millions of cargos, ships and planes to deliver their products everywhere, which intuitively creates pollution. Tech products are also very polluting if not subject to proper waste management. So you can see that Apple (and other companies alike) are creating the problem in the first place. Second, private companies, especially corporations, are owned by their shareholders, and the board of directors’ aim is to maximise shareholder value. They are the managers of the company, not the owners. Even if Tim Cook himself owns about one billion worth of Apple shares that’s not even 1% of the total outstanding number of shares. So the other problem is that shareholders would be hurt if billions of dollars in cash would be just spent for general “philanthropy”. So maybe what one could argue is that private companies owners should and must also focus on the ethical side of their business. But if the business itself is operating thanks to unethical practices, there’s little room for improvement. My main idea is that they should spend more on R&D to find better ways to produce their products in a less and less polluting way, aiming at reducing waste and recycling as much as they can. The technology that would be created could be patented and be of great value for the company if it wants to sell it or allow others to rent it. Another idea would be to increase the wages of the underpaid workers, although this would have big implications for the costs and the resulting operating margins. As you see, I’m more leaning towards changing your company for the better, instead of just giving away money for charity, because trust me, little of such money goes really towards the goal that is supposed to be achieved. If companies aimed at sustainability goals that go beyond simple “we plant trees and whatnot” every company would increase wages and spending on sustainable business practices, leading to more overall wealth of society. However, as I said, the reason why corporations exist is not to make the world a better place, but to increase shareholder value.

[@maybee6192]

"Imagine if a company like Apple decided 'You know what, we've made obscene amounts of money dwarfing most entire economies, and maybe it's time we put some of that money to use where it can do the most good in the world.'" They would be sued because they have no fiduciary duty to the world at large but they do to shareholders. Philanthropy has to be justified by a corporation as improving their image/goodwill - they can't just give money to causes expecting to gain nothing from it.

[@yuvalne]

apple made a lot of its money exploiting workers in Asia. If they want to he philanthropic, maybe they can start at that.

[@anticarrrot]

@@maybee6192 Only if there was no expectation of return on the philanthropy. If it was filed under 'brand advertising' there wouldn't be a problem. Ditto if its tech investment in (say) green tech, since that's s massive growth sector. Lots of philanthropy is like that.

[@folkepalmqvist1620]

It's not Q3, but Q2

[@alexcavallucci9958]

Could buy a few Boris kettles with that 🥴🥴🥴

[@thomasthereal4067]

Honestly, 200bn times 7% is half a billion dollar just eaten away by inflation every year. They should just spend it on some fund which invests in stocks

[@andreasbucher7717]

With the oncoming downturn, some cheap buying opportunities are open to Apple. Examples: - Buying up their supply line to become fully verticaly integrated is absolutely affordable right now. (I think this would be smart) - Become a big player in the cloud computing market. (Strong competition here. Maybe too strong.) - Buy a company that's creating the next ???. (They are already doing that, as mentioned. They should and can do more here.)

[@hometechUK]

Apple should buy back way more shares, making it less reliant on the market, securing the company if or when it's profiles start to go down.

[@guillaumeshearmur656]

Too much money... Tell you what Apple, how about either paying your taxes, paying higher wages or even selling your product for a normal price. No problem there.

[@jaimeduncan6167]

0:51 So Pluto when it's closer to Earth is about 4.8 Billion KM from Earth, and you say that less than. 400 billion dollars is enough dollars to. cover the distance. 1172 times that will be more than 5.625E12 KM so each dollar bill has a length of at least 14Km. Now I know why you call yourself TLDR 🤣

[@BeenDeadd]

Can't they just pay dividends?

[@brendanmc83]

*Earnings Per Share (not stock)

[@MPedich]

Obviously, transferring sone of that profit to the people who actually make the company work - i.e. employees - is a ludicrous idea. Why would you ever?

[@ayanamij]

... who says "NAIK" for "Nike"???

[@You_are_Right_]

Reach to Pluto & back 1172 times!? Nah, not even once. Not even 1 AU..

[@Rivs5117]

A lot of people in the comment section are calling them greedy but they obviously don’t understand how a business works. Apple #1 priority is to return a great investment to their shareholders. Without share holders a company is nothing. I believe Apple needs to pay a higher dividend and raise all their employee’s salaries by at least 20%. They also need to get heavily involved with the sports world. I’d love to see them buy the rights to the NFL or NBA and stream it on Apple TV+. Oh and Apple just like all big tech donates hundreds of millions to charity and other great causes a year.

[@PsyQoBoy]

Companies like these are worse than Casinos. Atleast Casino's you have a chance to win big. This you're buying overpriced crap.

[@-PBDPodcast1]

☝️☝️ Tell Elon I referred you to him for a business investment that will change your financial life♥

[@bzuidgeest]

Apple cars that self drive only to those places apple approved of. Great plan.

[@Awesome2844]

They can donate it! They can end the world hunger, deforestation, climate change, and so many more.... But they won't I guess

[@dontayz99]

All that money and they can’t make a damn gaming console Smfh

[@SevenEllen]

Or give it back to the UK to solve the energy crisis. £100B would do that.

[@arandomguy46]

At this point there isn't much room to rapidly expand, of course stealing a few users of android but most money should be spent on maintaining market share.

[@Devyn89]

Can we all agree what a terrible economic system we have? We have a small planet we can’t keep growing all over the place.

[@MCorpReview]

They already closed their car business man. Healthcare prob better bet 😂

[@chrismason6857]

I’m loving these new videos. Keep it up.

[@Alpha1Epsilon2]

Pluto is a planet

[@Blazenclipz6986]

your math on the dollar bills and pluto is way off

[@KefoAtleta]

What is RND?

[@arjanzweers6542]

Resource and Development, the part of the company that invents new products

[@sampfrost]

pluto is a bloody planet, i will die on this hill

[@user-zo6xg8bx4l]

How much of this money is locked in Chinese banks??

[@aliettienne2907]

To enter the car market is really tough but can anyone invent a AC unit that can be powered by solar energy. Someone please, if its possible start to manufacture small portable unit that uses solar energy system. 😎💯💪🏾👍🏾

[@rashad123us]

*Didn’t even mention paying their taxes once, impressive…*

[@jeong-ilkajokaya3849]

You sound poor

[@rashad123us]

@@jeong-ilkajokaya3849 *I pay my fucking taxes.*

[@jeong-ilkajokaya3849]

@@rashad123us I am unemployed, but I still got more money that you. brokey

[@rashad123us]

@@jeong-ilkajokaya3849 🥱

[@NoodlesXD]

It's crazy to think, apple spend $86b buying back their own company, $21b on R&D and yet NASA got $23b in spending last year lol,someone should tell apple to fund nasa and maybe we would be on Mars by now lol

[@Bryan-fb8dh]

Tech and energy.

[@null090909]

0:50 There i no such unit as the distance from Earth to Pluto. These are 2 moving bodies orbiting the sun, not pearls on a string. I know this is not TLDR Science, but still.

[@danielsosa63]

I guess Plutos average distance to the sun minus earth's average distance to the sun. But it still doesn't workout by more than 4 magnetudes of size

[@kiprotichsalat2460]

Why can’t they just pay dividends

[@shockwaverc1369]

why dont they donate to the bsd foundation ?

[@Maximara]

A dollar bill is 6.14 inches (15.5448 cm) long. 1 AU (Earth to sun) is 150 million kilometers so it takes 9.6495291 × 10*11 bills to cover _that_ distance. I am avoiding "billion" because a long "billion" is a short "trillion". Apple is using the short billion so $3.78 × 10^11 dollars bills would only cover the distance from the Sun to _Mercury_ .

[@willjapheth23789]

Dang nabin British people and their extra long numbers, as if anything above a trillion wouldn't automatically be using scientific notation. The American naming system still goes up to 10^63.

[@KhaalixD]

Great video!