So says Adele M. Stan of FDL:
In its fourth quarter earnings report released last week, Apple Computer revealed that 2/3 of its on-hand cash – some $54 billion — is squirreled away outside the boundaries of the United States, presumably to avoid paying its fair share of taxes. In the meantime, reports Students and Scholars Against Corporate Misbehavior (SACOM), a Hong Kong-based group, Apple’s major manufacturing contractors routinely subject employees to forced overtime, wage theft and no breaks — and even unprotected exposure to toxins.
Rumor has it that Apple will soon announce its new model pocket-sized all-in-one device.
It will be named iSweat, after the workers who manufacture its components.