aapl and the shorts, slowly we find out what they know that isn't public,
great level playing field,
not that I think our honorable elected officials would ever trade stocks or tip off hedge funds on where they are going in their hearings but I wouldn’t want to be Cook today. When you have liberals, progressives AND McCain going after you it might look ugly. IF they make the case that aapl is the king of tax avoidance, all legal, but still ugly, and , that aapl enjoys those high profits because they off shored production of their products to suppliers who use slave labor in China rather than create JOBS in America, it might make 1 or 2 liberals rethink their love of aapl products and its stock. No doubt they all do something close to what aapl does to be competitive with respect to using suppliers who use slave labor etc but aapl will now become the FACE of this worker abuse and tax avoidance. My guess all these companies may soon be looking at say an 18 % tax rate on much of this income and margin compression as they are forced to reduce worker abuse. i'm still short
Except that it all is public--if you read the filings, the tech literature and supply chain info. That is, if you want a a place in the game other than cannon fodder.
A related note--a survey of the up-and-comers in Silicon Valley for the 20th anniversary issue of Wired has them seriously favouring Gates rather than Jobs as role model, significant innovator, etc.
On the St, Jobbs "I've got mine ,so s***you"attitude of course resonates better.