Editor's Pick "I am not an unfair person," Apple CEO Tim Cook told lawmakers yesterday. "Apple is not an unfair company."
The head of the Irish agency designed to promote foreign investment in the country strongly denied that Ireland is a tax haven. But when questioned by Ireland's RTE News, he could not deny that Apple has paid an effective tax rate of just two percent, much as Senator Carl Levin said yesterday in hearings on Capitol Hill.
How much would you donate to charity to have a private pitch meeting with your favorite venture capitalist?
"Eighty percent of the world's purchasing power lies beyond our borders," Portman said. "But we're living with an international tax code that's a relic of the 1960s."
"Apple has real operations in real places with Apple employees," Cook said. "We pay all the taxes we owe, every single dollar. We don't only comply with the letter of the law, but the spirit of the law. We don't stash money on some Caribbean island."
What time is it -- about five months before fall, 2013? Then it must be time for testing iWatch.
"Apple has not 'conspired' with anyone, was not aware of any alleged 'conspiracy' by others, and never fixed prices," the company stated in a reply to the suit.
Sometimes there is method to the Cupertino madness.
Apparently, coffee with Apple CEO Tim Cook is a big deal. Even bigger, perhaps, than a new 2013 Lamborghini.
That fits both with Apple CEO Tim Cook's announcement during the company's recent earnings call that Apple would not bring out any new products until the fall, and with recent rampant rumors of new iPhone models.
Sharp, Japan Display, and Samsung rival LG Electronics are tooling up for Apple iPhone 5S production runs which will begin in earnest in June, according to a report out of Japan.
There's a reason the rich get richer, and wealthy corporations get wealthier. They're smarter than the rest of us, and they have more financial tools at their disposal.
In a global smartphone market that Android has been expanding at a breakneck pace, a bright spot for Apple has been increasing market share in the lucrative U.S. domestic market. A new report from the Yankee Group says that's going to continue, and that Apple is winning the slow way, via customer loyalty.
The proceeds of the auction will benefit the RFK Center for Justice and Human Rights. Other notables and celebrities who are auctioning off experiences for the RFK Center include Elon Musk, Peyton Manning, Alec Baldwin, and Jay Leno.
Apple CEO Tim Cook is auctioning off a coffee date with him that will last up to an hour via CharityBuzz, a company that asks notable people to auction their time off for a good cause.
The first part of Tim Cook's answer was exactly what Wall Street wanted to hear. The second part, not so much.
Apple's doing well in China, Apple CEO Tim Cook said today on the company's earnings call, growing at 18 percent on a "sell-through basis," he said.
"We've accomplished a tremendous amount," Tim Cook said today in his Apple earnings conference call, adding that the company has "set many sales records."
Apple investors did not get the shot in the arm they were hoping for this afternoon as the company released its second quarter numbers. At least, not from Apple's actual sales results.
Apple plans to return an additional $50 billion of its cash hoard to shareholders in a massive share repurchasing program, the company said today.
