Maclaren/Apple

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coalnewbie
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Post by coalnewbie » Wed. Sep. 21, 2016 4:39 pm

Hmmm, predictable as soon as EU stuck them for $15Bn.

http://www.theverge.com/2016/9/21/13002796/apple-mclaren-acquisition-statement-denial

I don't think I will be buying one however. So Brexit and the dollar buys 15% more for now. More profit gets transferred to McLaren and less for the EU to tax. There will be special arrangements for UK companies despite denials. BMW and Mercedes sell to many cars there. So it's stuffed shirt govt employees vs GS brains. It's not hard to see who wins. I am no fan of Apple but this is clever and the deal comes out of petty cash and bingo they are in the car business.


 
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lsayre
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Post by lsayre » Wed. Sep. 21, 2016 6:57 pm

I hope Apple doesn't put an end to their F1 program.

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