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Tag: Apple debt

Apple CFO Maestri: What the EC is doing here is a disgrace for European citizens, it should be ashamed’

Monday, December 19, 2016 5:01 pmMonday, December 19, 201626 Comments

Maestri accuses EU competition commissioner Margrethe Vestager of pursuing a political agenda…

Ireland accuses EU of exceeding power in Apple tax grab

Monday, December 19, 2016 1:44 pmMonday, December 19, 20164 Comments

Ireland accused the European Commission on Monday of exceeding its powers and interfering with…

Apple formally appeals EU tax grab this week, says company was a ‘convenient target’

Monday, December 19, 2016 8:55 amMonday, December 19, 20164 Comments

Apple will launch a legal challenge this week to a record $14 billion EU tax demand…

The inside story of Apple’s $14 billion EU tax grab

Friday, December 16, 2016 10:45 am22 Comments

In August the EU said Ireland had broken European law by giving Apple a sweetheart deal…

Apple CEO invited to attend tax ruling hearing in Dublin

Monday, December 12, 2016 11:27 amMonday, December 12, 20168 Comments

An Oireachtas committee has expressed confidence that Apple’s Tim Cook will accept an invitation…

Americans are paying Apple millions to shelter overseas profits

Wednesday, December 7, 2016 10:28 amWednesday, December 7, 201635 Comments

Over the years, Apple Inc. has become the poster child for U.S. multinationals accused of sheltering overseas profits…

Apple and U.S. President-elect Trump: Can a tax cut for overseas cash heal wounds?

Thursday, November 10, 2016 2:16 pm19 Comments

The good news for Apple Inc. under a Donald Trump presidency is it might finally be able to use its hoard of overseas cash…

Markets surge worldwide, investors exuberant following Trump’s U.S. presidential victory

Thursday, November 10, 2016 12:05 pmThursday, November 10, 201640 Comments

European stocks rose on Thursday following extraordinary gains in Asia and the United States…

Silicon Valley uncertain after Donald Trump wins U.S. presidency

Thursday, November 10, 2016 11:35 amThursday, November 10, 201621 Comments

Donald Trump’s election victory is seen as a blow to Silicon Valley, putting the presidency…

Irish government officially appeals EU’s $14.3 billion tax grab from Apple

Thursday, November 10, 2016 9:27 am2 Comments

The tax battle is likely to drag on for years…

Apple CEO Cook emails employees, calls for unity after Donald Trump presidential win

Thursday, November 10, 2016 9:03 amThursday, November 10, 201636 Comments

Apple CEO Tim Cook broadcast an all-hands memo to U.S. Apple employees Wednesday evening calling for unity…

Markets surge, Dow hits record high after Donald Trump wins U.S. presidency

Wednesday, November 9, 2016 5:40 pmWednesday, November 9, 201641 Comments

U.S. stocks rallied Wednesday, with the Dow industrials jumping 257 points, led by a surge in financial…

Five tech issues to watch under President Trump

Wednesday, November 9, 2016 4:18 pm13 Comments

How might a Donald Trump presidency affect Silicon Valley?

Apple CEO Tim Cook smartly maintained ties to GOP ahead of Trump victory

Wednesday, November 9, 2016 2:25 pmWednesday, November 9, 201622 Comments

Donald Trump had some harsh words for Apple during the campaign, but what will his attitude be toward…

Apple could be able to pay just 10% tax to repatriate overseas profits under President Trump’s plan

Wednesday, November 9, 2016 10:29 am30 Comments

Apple hasn’t exactly seen eye-to-eye with president-elect Donald Trump, but…

Ireland to formally submit appeal on EU’s $14.5 billion Apple tax grab

Tuesday, November 8, 2016 2:01 pmTuesday, November 8, 20165 Comments

Ireland’s government will this week formally submit its appeal against the European Commission’s multi-billion-euro demand…

Apple named biggest corporate tax avoider in U.S. after booking $218 billion of profit offshore last year

Tuesday, October 4, 2016 9:16 pmTuesday, October 4, 201650 Comments

Apple has been named as the biggest corporate tax avoider in the United States after booking $218.55 billion…

OECD official says EU Apple ruling not precedent for future tax cases

Monday, September 26, 2016 4:56 pm9 Comments

A multi-billion euro back tax bill handed to Apple by the European Commission should not be seen as a precedent…

Apple’s dearth of European lobbyists kept company out of loop in EC tax decision for two years

Monday, September 26, 2016 9:01 amMonday, September 26, 20166 Comments

Apple Inc. is battling the European Commission’s call to fork over €13 billion…

Ireland’s Finance Minister Noonan: Apple tax appeal may take four years, maybe more

Friday, September 23, 2016 9:54 am9 Comments

Ireland’s Finance Minister Michael Noonan talks about the rise of European populism…

Apple’s EU tax nemesis Margrethe Vestager takes aim at other U.S. companies’ offshore profits

Monday, September 19, 2016 4:01 pmMonday, September 19, 201642 Comments

The European Union official who slapped Apple with a $14.5 billion back tax bill signaled over the weekend…

185 CEOs urge EU to reverse Apple tax demand, calling decision a ‘grievous self-inflicted wound for the EU and its citizens’

Friday, September 16, 2016 2:37 pmFriday, September 16, 201648 Comments

Corporate America’s most powerful chief executives are rallying to Apple’s side in its tax battle with the EU…

Apple has now amassed nearly $80 billion in debt

Monday, September 12, 2016 4:50 pmMonday, September 12, 201623 Comments

That was fast!

The ‘Brexit-Apple’ connection: What in the world was Margrethe Vestager thinking?

Monday, September 12, 2016 10:26 amMonday, September 12, 201619 Comments

Brexit means Brexit, we have now been told; the future’s bright and the UK extracting itself…

EU ministers line up to take tax bites out of Apple

Monday, September 12, 2016 9:04 amMonday, September 12, 201621 Comments

European Union finance ministers are lining up to get a slice of Apple’s tax revenue…

Apple’s pot of gold may shine on reluctant Ireland’s bond market

Tuesday, September 6, 2016 9:57 amTuesday, September 6, 201618 Comments

Apple Inc. is challenging it, Ireland’s government doesn’t want it, but bond investors…

Former EU competition commissioner: Vestager claim that Apple owes back taxes an incorrect use of EU law

Friday, September 2, 2016 12:53 pmFriday, September 2, 201628 Comments

The European Commission rejected criticism from one of its own former antitrust chiefs on Friday…

Apple CEO Cook’s comments on taxes leave many unanswered questions

Friday, September 2, 2016 9:55 amFriday, September 2, 201636 Comments

CEO Tim Cook’s comments to an Irish radio station about Apple’s intentions to repatriate billions of dollars next year…

Irish government to fight EU on Apple tax

Friday, September 2, 2016 9:01 amFriday, September 2, 201616 Comments

Ireland’s cabinet agreed on Friday to join Apple in appealing against a multi-billion-euro back tax demand…

Treasury accuses EU of trying to steal U.S. tax revenues with Apple decision

Thursday, September 1, 2016 5:35 pmThursday, September 1, 201638 Comments

The United States has accused the European Union of grabbing revenue intended for U.S. coffers…

Rush Limbaugh: EU socialism bites Apple

Thursday, September 1, 2016 4:45 pmFriday, September 2, 201649 Comments

It’s just government doing what government does, particularly these clowns in the European Union, who are just inept….

Irish residents opposed to EU’s tax demand of Apple

Thursday, September 1, 2016 2:56 pmThursday, September 1, 20169 Comments

Across Cork, Ireland — where Apple has its European headquarters — residents appear strongly in favor of

Apple Inc. pushes back against EU tax grab

Thursday, September 1, 2016 2:25 pmThursday, September 1, 20168 Comments

Tim Cook, the Apple CEO, has described as ‘wrongheaded’ and ‘maddening’ the European Commission’s finding…

Apple may repatriate billions of dollars next year after new U.S. President takes office

Thursday, September 1, 2016 10:55 amThursday, September 1, 201615 Comments

Apple Inc. Chief Executive Tim Cook said the company may repatriate at least some of the billions of dollars of cash it holds offshore…

Trump’s corporate tax-cut pitch falls flat in Silicon Valley

Wednesday, August 24, 2016 2:34 pmWednesday, August 24, 201648 Comments

Republican Donald Trump is proposing a big tax cut for companies like Apple Inc., which would see its tax rate slashed…

Apple CEO Tim Cook presses for U.S. corporate tax reform, says no repatriation without fair rate

Monday, August 15, 2016 9:22 am40 Comments

Apple is the largest taxpayer in the United States…

Donald Trump plan calls for cuts in corporate taxes, personal income tax rates

Tuesday, August 9, 2016 12:01 pmTuesday, August 9, 201685 Comments

These reforms will offer the biggest tax revolution since the Reagan tax reform…

Apple again taps debt markets, preps $7 billion bond sale to fund dividends and buybacks

Friday, July 29, 2016 9:10 am29 Comments

Apple readied to sell $7bn worth of bonds on Thursday in its third tap of US debt capital markets this year…

Barring a tax holiday, Apple will need to raise over $50 billion in debt the next 2 years

Friday, July 15, 2016 8:59 am11 Comments

Apple increased its stock buyback program from $140 billion by March 2017 to $175 billion by March 2018…

Apple is handcuffed by how much it can raise its dividend

Tuesday, July 12, 2016 5:31 pmTuesday, July 12, 201627 Comments

Everyone knows that Apple has a tremendous amount of cash and continues to generate tens of billions…

Apple sells 30-year U.S. dollar bond in Taiwan to raise over $1 billion in debt

Tuesday, June 7, 2016 8:59 amTuesday, June 7, 20163 Comments

Apple Inc sold a 30-year U.S. dollar bond in Taiwan at a yield of 4.15 percent, sources said on Tuesday…

Apple plans $1 billion sale of 30-year bonds in Taiwan for the first time

Wednesday, June 1, 2016 8:53 am7 Comments

Apple Inc plans to issue bonds in Taiwan for the first time with the aim of raising $1 billion…

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