jeffw@lemmy.world to Technology@lemmy.worldEnglish · 1 month agoApple couldn’t tell fake iPhones from real ones, lost $2.5M to scammersarstechnica.comexternal-linkmessage-square16fedilinkarrow-up15arrow-down11
arrow-up14arrow-down1external-linkApple couldn’t tell fake iPhones from real ones, lost $2.5M to scammersarstechnica.comjeffw@lemmy.world to Technology@lemmy.worldEnglish · 1 month agomessage-square16fedilink
minus-squareBestBouclettes@jlai.lulinkfedilinkEnglisharrow-up1·edit-21 month 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-squareayaya@lemdro.idlinkfedilinkEnglisharrow-up1·1 month 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-squarejrbaconcheese@yall.theatl.sociallinkfedilinkEnglisharrow-up1·1 month agoOr make $7000 while losing a quarter. Or to bring it to wallet-level, making $7 while losing one-fourth of a penny.
Is 2.5m even worth apples time?
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.