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.
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.
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...
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...
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.
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...
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...
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...
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.
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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