Apple: Mass Layoffs, Surging Debt, and No More "Goodwill" Value. CEO is Being Ousted (Pushed Out Before Retirement Age).
If you believe that Apple does incredibly well, think again. "Think different."
Apple's CEO is a sponsor of the US dictator (yes, he paid him), he showers him with gifts as if to "buy favours", and Apple's Board seems to have had enough of that.
Now that Thanksgiving is around the corner Apple is canning a considerable chunk of its workforce. The timing does not seem like a coincidence but a well planned disclosure (not too close to Thanksgiving to be deemed "in bad taste" but not far either; same as HP [1, 2]).
The news about Apple's CEO being pushed out (not retirement age; still years away from it) has been curbed or cast aside by the layoffs and, as we noted some weeks ago, "Apple's Debt Grew by About 16 Billion Dollars This Past Year, "Disappointing iPhone Sales" Reported" (it won't improve soon; there's nothing major "in the pipeline").
Refusing to believe my eyes, I checked 5 different sites and sources; they all say the same. Apple quit reporting its alleged "Goodwill" (intangible/fictional/imaginary) value several years back:
This is so weird. Unlike IBM and Microsoft, they don't invent some fictional 'collaterals', which may or may not refer to patents or trademarks or all sorts of things that cannot really be "sold" or "monetised".
What is the future of Apple looking like at this point? █