@[email protected] to [email protected]English • 18 hours agoApple couldn’t tell fake iPhones from real ones, lost $2.5M to scammersarstechnica.comexternal-linkmessage-square17fedilinkarrow-up1263arrow-down114cross-posted to: nottheoniontechnology
arrow-up1249arrow-down1external-linkApple couldn’t tell fake iPhones from real ones, lost $2.5M to scammersarstechnica.com@[email protected] to [email protected]English • 18 hours agomessage-square17fedilinkcross-posted to: nottheoniontechnology
minus-square@[email protected]linkfedilinkEnglish8•10 hours agoProbably, so they can stop further abuses. This might only be 2.5 million that they know about…
minus-square@[email protected]linkfedilinkEnglish7•edit-212 hours agoFor reference, Apple currently has roughly 70 billion USD as cash on hands. 2.5 million USD is 0.0035% of their cash reserves. If you have a yearly salary of 50k USD, that would be equivalent to losing 1.78 USD. I am bad at math, so feel free to correct me if I’m wrong.
minus-squareayayalinkfedilinkEnglish5•11 hours agoIf you want to do less math you can just drop some zeroes and say it’s the same as making $70k while losing $2.50
minus-squarejrbaconcheeselinkfedilinkEnglish2•10 hours agoOr make $7000 while losing a quarter. Or to bring it to wallet-level, making $7 while losing one-fourth of a penny.
minus-square@[email protected]linkfedilinkEnglish1•4 hours agoHow useful! I can’t count the number of quarter-pennies I’ve lost…
minus-square@[email protected]linkfedilinkEnglish23•18 hours agoIt all trickles down. Some paralegal will get stuck negotiating a deal
minus-square@[email protected]linkfedilinkEnglish1•10 hours agoDepends on how much it cost to pursue.
Is 2.5m even worth apples time?
Probably, so they can stop further abuses. This might only be 2.5 million that they know about…
For reference, Apple currently has roughly 70 billion USD as cash on hands. 2.5 million USD is 0.0035% of their cash reserves.
If you have a yearly salary of 50k USD, that would be equivalent to losing 1.78 USD.
I am bad at math, so feel free to correct me if I’m wrong.
If you want to do less math you can just drop some zeroes and say it’s the same as making $70k while losing $2.50
Or make $7000 while losing a quarter. Or to bring it to wallet-level, making $7 while losing one-fourth of a penny.
How useful! I can’t count the number of quarter-pennies I’ve lost…
It all trickles down. Some paralegal will get stuck negotiating a deal
Depends on how much it cost to pursue.