The Apple example is interesting, when you consider their market cap vs the number of people they employ (around half a million in the US according to http://www.apple.com/about/job-creation/).
Now, I imagine that most of these jobs (in the US) are going to be store workers. Consider that Apple used to exist without any Apple stores at all. There will come a point when they have a store in every town that matters and they will mostly stop hiring store staff (apart from as replacements).
In fact you could even consider the possibility that they could probably close all of their stores without damaging their market cap that much, but it would be devastating from a job creation point of view.
Think of the other tech giants like Facebook, Google etc. How many jobs do they create vs their revenue?
Exactly - those companies are hiring because they're successful. Why are they successful? Because they have better margins than their competitors. Sure, they're hiring, but they have the most attractive (from their perspective) ratio of employees to revenue.
Now, I imagine that most of these jobs (in the US) are going to be store workers. Consider that Apple used to exist without any Apple stores at all. There will come a point when they have a store in every town that matters and they will mostly stop hiring store staff (apart from as replacements).
In fact you could even consider the possibility that they could probably close all of their stores without damaging their market cap that much, but it would be devastating from a job creation point of view.
Think of the other tech giants like Facebook, Google etc. How many jobs do they create vs their revenue?