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Everyone seems enamored with the idea of the Arizo

first_imgEveryone seems enamored with the idea of the Arizona Cardinals landing wide receiver Braylon Edwards to play next to Larry Fitzgerald if it’s for the right price. That last phrase may be what keeps a deal from getting done.It seems that Edwards is valuing his services a little — OK a lot — more than most teams — including the Cardinals — will be willing to pay. As a matter of fact, the Washington Post is reporting he’s demanding Santonio Holmes type money. Nevada officials reach out to D-backs on potential relocation Cardinals expect improving Murphy to contribute right away Top Stories What an MLB source said about the D-backs’ trade haul for Greinkecenter_img Multiple teams are rumored to be in the mix for Edwards including the Arizona Cardinals, Washington Redskins, Tennessee Titans and Minnesota Vikings. But so far, no one has landed the mercurial wideout who will likely demand something close to the five-year, $50 million contract former teammate Santonio Holmes got in New York.While Edwards may sound like a bargain on a one or two year deal for four or five million, the idea of the Cards giving him a five-year contract is almost laughable. Especially when said five-year deal would pay him roughly $10 million a season.As they always say, it can’t hurt to ask. Let’s just hope when Edwards does, the Cardinals answer is a resounding no. That, or it’s met with just laughter on the other end of the line. Comments   Share   D-backs president Derrick Hall: Franchise ‘still focused on Arizona’last_img read more

Too many problems and not enough solutions

first_img Sponsored Content Apple’s New Mac Pro Caters To Creatives And ProfessionalsApple announced its all new Mac Pro with features that cater to professional creatives.ShareVideo Player is loading.Play VideoPauseMuteCurrent Time 0:01/Duration 1:48Loaded: 27.71%0:02Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:47 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedEnglishAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenEarlier this week, Apple’s biggest manufacturing contractor said that it could move iPhone production from China so that Apple could avoid any additional import tariffs imposed by the Trump Administration. The problem is that actually making the move may be too complicated and expensive for Apple.Speaking to investors this week, Young Liu, semiconductor chief of Hon Hai Precision, also known as Foxconn, said that 25% of his company’s production capacity is outside China and that those facilities could handle any needed iPhone work, according to Bloomberg. He didn’t specify what countries the manufacturing could be moved to.But in the end, that doesn’t really matter, according to analysts. Moving production isn’t feasible.“Apple has made a big bet on Foxconn and China and in our estimation, can only move 5% to 7% of iPhone production to India in a best case scenario over the next year,” Wedbush analyst Dan Ives told Fortune. He described Foxconn’s China factories the “hearts and lungs of iPhone production globally” and that they were irreplaceable.Questions about Apple overseas manufacturing come amid increasing tensions between the U.S. and China over trade relations. Because of Apple’s size and dependence on Chinese sales and labor, the company has become a focal point in the trade war.Apple CEO Tim Cook has waged one of the highest-profile campaigns in tech to convince President Donald Trump to ease tensions with China. Cook has also been outspoken in news interviews, telling CBS News last week that he wanted the trade battle to end while he minimized its impact on Apple.However, the U.S. and China are still fighting. President Donald Trump is considering a new $300 billion tariff on China that could, some analysts said, increase Apple’s iPhone production costs by as much as 14%.But according to Ives, “Apple’s hands are tied” from moving iPhone production outside China. The cost, plus the difficulty of finding new component suppliers in a new country, would make exiting China a difficult if not impossible.“Apple has billions of reasons to calm down this U.S.-China situation,” Ives said.However, William Ho, an analyst at 556 Ventures, told Fortune left the door slightly open to Apple moving from China, saying that “anything is possible.” But he added that there would be “pain” and that the increased costs associated with a move would reduce Apple’s profit margins on its devices.Still, during the past two years, Apple has produced its cheaper iPhone SE models in India, using Wistron, another contract manufacturer. In April, The Economic Times reported that Apple may move production of another device—iPhone X— to Foxconn facilities in India next month.But that’s a long way from Apple moving all iPhone production from China, or its iPad and Mac manufacturing. And although Ho told Fortune that Apple should always manufacture devices in a variety of countries as a hedge against local trouble, there are inevitable consequences.For example, exiting China could alienate Chinese consumers, who account to a big part of the company’s business. The result could be a financial disaster for Apple.For the record: In its fiscal second quarter in China, Apple had $10.2 billion in revenue and $3.6 billion in adjusted profits, which exclude certain expenses. To complicate matters further, Apple’s sales in China have shrunk recently, partly because of support by Chinese consumers for domestic device makers.So, while it’s theoretically possible for Foxconn to manufacture Apple products outside China, according to analysts, the chance it will happen is small. The risks are too high, they say, and the potential benefits are too limited.More must-read stories from Fortune:—Phishing hackers can now bypass two-factor authentication—Apple’s sign-in feature is a “shot across the bow” at tech giant rivals—Uber’s CEO has absorbed the COO role for more control—Google is changing its search results. Here’s what to expect—Listen to our new audio briefing, Fortune 500 DailyCatch up with Data Sheet, Fortune‘s daily digest on the business of tech.You May Like A Work Culture Built for All Generations by Ultimate Software HealthFormer GE CEO Jeff Immelt: To Combat Costs, CEOs Should Run Health Care Like a BusinessHealthFor Edie Falco, an ‘Attitude of Gratitude’ After Surviving Breast CancerLeadershipGhosn Back, Tesla Drop, Boeing Report: CEO Daily for April 4, 2019AutosElon Musk’s Plan to Boost Tesla Sales Is Dealt a SetbackMPWJoe Biden, Netflix Pregnancy Lawsuit, Lesley McSpadden: Broadsheet April 4last_img read more