This is correct if you only care about Apple stock price. But consider that there are people who simply do not care about Apple's stock price. Like me, an Apple investor. I care more about the US's industrial base than I do about whether it goes up 5% or down 5% (or whatever, it's besides the point)
>Apple doesn’t even make all, or even most of its money in the states. Not all of its shareholders are American, if they went this route they could lose half of their revenue overnight (as other countries note the protectionism and tariff or simply forbid Apple products from being sold).
So? I don't care about their revenue, I care about the future of American industry. Having a bunch of cash hoarded by old people is irrelevant if it isn't reinvested in something I care about. And I don't care about your supercar or Nobu reservation, or if some fund returns an extra 2%. This is despite being a direct beneficiary.
Live by shareholder return, die by shareholder return; the US is not and shouldn't ever be geared to shareholder return over everything else. Apple and other companies have freeloaded off the US for far too long.
Again, Apple ceases to be much of a company at all if they go your route of being isolationist. It isn't even about the stock price: their revenue tanks, their ability to produce tanks, everything about the company is basically just decimated. You might as well say "I don't care if Apple exists or not". So blow Apple away and how does that help the future of American industry?
Juche doesn't work in North Korea, it isn't going to work in the USA.
>Apple doesn’t even make all, or even most of its money in the states. Not all of its shareholders are American, if they went this route they could lose half of their revenue overnight (as other countries note the protectionism and tariff or simply forbid Apple products from being sold).
So? I don't care about their revenue, I care about the future of American industry. Having a bunch of cash hoarded by old people is irrelevant if it isn't reinvested in something I care about. And I don't care about your supercar or Nobu reservation, or if some fund returns an extra 2%. This is despite being a direct beneficiary.
Live by shareholder return, die by shareholder return; the US is not and shouldn't ever be geared to shareholder return over everything else. Apple and other companies have freeloaded off the US for far too long.