Posts by jsmith84

Whoa, France. Take it easy. Wow. You're out of control. Fining Apple 55 minutes of revenue for secretly slowing down iPhones? Maniaques!

Apple was fined for “misleading commercial practise”.

Apple was fined for “misleading commercial practise”.

The fine of €25m is in line with the sentencing guideline of 10% of the average turnaround (over the last 3 years) of Apple France, which was about €200m in 2018.

The amount has nothing to do with global turnaround (because French law stop at the French border!) and any kind of totally made up number made by a legal system making up stuff as they go (like the British legal system).

Apple clearly accepted the fine.

At least France is applying the law, and nothing but the law.

I’d love see something similar in the UK (having migrated here long ago).

Links below, in French.

https://www.economie.gouv.fr/dgccrf/Publication/Vie-pratique/Fiches-pratiques/Pratiques-commerciales-trompeuses?fbclid=IwAR3aKIrhzq_wO9UFfZhuEp6mSzdy2J95gxgCpeiUUbKah6xPGCu_9BotEkA

https://www.societe.com/societe/apple-france-322120916.html

Sure, we've got a problem but we don't really want to spend any money on the tech guy you're sending to fix it

Cost arbitrage and company policy

A long time ago, I was supposed to take a flight to one of our office at investment-bank-of-far-west.

The flight was booked long ahead the trip, and for once, nice-airline was cheaper, with the extra benefit of free chauffeur transport in and out of the airport, both legs of the trip (so 4 trip in and out of airport, maybe worth about £200-300 at the time).

One week before the trip, the flight was changed to crappy-airline, because their flight was £50 cheaper (no transport included), and it was company policy to take the cheapest flight (without any consideration of the other transports).

I told our team assistant the taxi alone would be far more in excess of the £50 difference and she did her best to try to convince the expense department... with no success.

[names have been changed to protect the guilty]