Ireland: We're no tax haven … but … yes, Apple did pay 2% tax

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.

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Apple’s Q2 2013 in 30 seconds or less

Apple reported its second quarter 2013 results today, with revenue of $43.6 billion and income of $10.09 per share. Analysts had expected revenue of $42.5 billion and income of $10 billion. Apple’s guidance had been between $41 and $43 billion.

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Apple’s finite loop

Why I think Apple’s infinite loop is turning gradually finite.