QUOTE AND NEWS
Bloomberg  22 min ago  Comment 
Apple Inc.’s bonds have lost $280.6 million of market value since buyers snapped up $17 billion of the iPhone maker’s debt last month, declining as yields climb from record lows.
New York Times  1 hr ago  Comment 
In theory, our tax system tries to trace the value of a product to its economic roots. For Apple’s design and marketing, the roots are in the United States, the author writes.
Forbes  2 hrs ago  Comment 
Senator Carl Levin has dubbed it the “Holy Grail of tax avoidance.” According to the Chair of the Senate Permanent Subcommittee on Investigations, Apple’s “complex web” of international subsidiaries helped the company shield $74 billion...
Clusterstock  3 hrs ago  Comment 
Apple CEO Tim Cook testified to Congress about Apple's tax-dodging today. He did a superb job. Within minutes, he had parried a few lame attacks from Senators Levin and McCain. And for the rest of the hearing, he had the rest of the...
Wall Street Journal  3 hrs ago  Comment 
Beleaguered Hewlett-Packard is a notable beneficiary of this year's reversal, with its shares having beaten once-highflying Apple's by 66 percentage points so far.
TechCrunch  4 hrs ago  Comment 
If I could only have one MacBook (which is usually the case for your average laptop-buyer), this is the one I'd pick, without hesitation. Fewer issues than its 15-inch cousin, which pioneered the Retina line, combined with a much lighter design...
Forbes  5 hrs ago  Comment 
The 50 largest hedge funds in the world decided to sell Apple in the first quarter, replacing it with Boeing and, interestingly, Norwegian Cruise Holdings which went public in January, according to a report by FactSet.  The group of hedge fund...
TheStreet.com  6 hrs ago  Comment 
NEW YORK (TheStreet) - Kudos to Apple for figuring how to legally shuffle $44 billion in profits to non-tax jurisdictions. Unfortunately, while the iPhone designer may have broken new ground in tax avoidance -- according to a Senate...
Wall Street Journal  9 hrs ago  Comment 
Tim Cook challenged Senate investigators who reported Apple paid no corporate income tax on tens of billions of dollars in overseas income over the past four years and urged reforms.
CNNMoney.com  8 hrs ago  Comment 
CNNMoney.com  May 21  Comment 
Apple will be in focus as CEO Tim Cook appears on Capitol Hill, while shares in cruise ship operator Carniva tumbled. JPMorgan shareholder meeting also in the spotlight.




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