U.S. tax law gives the Obama administration power to double tax rates for European companies…
Tag: Luca Maestri
Apple CEO Tim Cook on EU tax demand: ‘No one did anything wrong here and Ireland is being picked on… It is total political crap’
Apple chief executive Tim Cook has angrily dismissed Brussels’ tax accusations as ‘political crap,’ suggesting that Ireland….
Ireland’s cabinet delays decision on Apple tax appeal
Ireland’s cabinet could not agree on Wednesday whether to fight a European Commission ruling…
Apple: The European Union’s pointless tax crusade
Almost certainly, the European Commission will fail in its attempt at retroactive taxation…
Irish cabinet may be given more time to decide on Apple tax appeal
Ireland’s cabinet may be given more time to decide on whether to back the finance minister’s recommendation…
Post-Brexit Britain could benefit greatly from EU’s tax attack on Apple and Ireland
The European Union’s attack on technology-giant Apple may herald an economic advantage for post-Brexit Britain…
Ryanair CEO Michael O’Leary on Apple tax row: Irish government should tell EU to f**k off
Ryanair boss Michael O’Leary has weighed into the tax dispute between Apple and the European Union…
U.S. taxpayers could end up paying Apple’s bill for back taxes in Ireland
European authorities have clamped down on a special deal between Apple and Irish tax authorities…
Morningstar: Apple remains fundamentally undervalued after EU tax grab
We will maintain our $133 fair value estimate for Apple for now, even though the company…
Obama admin worries EU’s Apple decision will cost U.S. taxpayers; Bernie Sanders applauds EU tax demand
The White House says the Obama administration is concerned that American taxpayers will ultimately bear…
Ireland doesn’t want Apple’s $14.5 billion in so-called back taxes
Apple’s billions in back taxes could cover the entire annual Irish health budget, build about 100,000 homes…
U.S. Treasury: The European Commission’s retroactive tax demands on Apple are unfair
The U.S. Treasury Department said Tuesday it was disappointed with the European Commission seeking to force Apple…
EU demands Apple pay massive $14.5 billion in taxes plus interest
EU antitrust regulators ordered Apple on Tuesday to pay up to 13 billion euros ($14.5 billion) in taxes plus interest…
Apple CFO Maestri: Despite EU tax ruling, we will continue to invest in Ireland
Apple’s chief financial officer Luca Maestri said on Tuesday the iPhone maker’s investment plans in Ireland…
Apple CEO Cook blasts European Commission for ‘ignoring Ireland’s tax laws, upending the international tax system’
Thirty-six years ago, long before introducing iPhone, iPod or even the Mac, Steve Jobs established Apple’s first operations in Europe…
European Commission to rule Ireland’s tax arrangement with Apple illegal
The European Commission will rule against Ireland’s tax dealings with Apple on Tuesday…
Ireland prepares for a fight with EU over Apple tax clawback
Ireland vowed to fight any adverse decision on its tax dealings with Apple Inc. as the European Union…
With next U.S. President, Apple’s cash may soon be on its way home
Apple currently has an estimated $215 billion in cash held outside the borders of the United States…
U.S. government warns EU: Do not hit Apple with a massive back tax bill – or else
Stop your tax crackdown on American companies or be prepared to suffer the consequences…
European Commission denies anti-U.S. bias after U.S. Treasury intervention over Apple, Amazon tax probes
The European Commission has hit back at U.S. concerns about competition probes into transfer-pricing arrangements…
Trump’s corporate tax-cut pitch falls flat in Silicon Valley
Republican Donald Trump is proposing a big tax cut for companies like Apple Inc., which would see its tax rate slashed…
U.S. v. Apple – the looming trial of the century?
The US Federal Trade Commission launched an investigation into Apple…
Apple CEO Tim Cook presses for U.S. corporate tax reform, says no repatriation without fair rate
Apple is the largest taxpayer in the United States…
Donald Trump plan calls for cuts in corporate taxes, personal income tax rates
These reforms will offer the biggest tax revolution since the Reagan tax reform…
Nobel-Winning Economist: Apple’s Irish tax arrangement is a ‘fraud’
Joseph Stiglitz, an economic professor at Columbia University and 2001 recipient of the Nobel Memorial Prize in Economic Sciences…
MacDailyNews presents live notes from Apple’s Q316 Conference Call
MacDailyNews presents live notes from Apple’s Q316 Conference Call with analysts starting at 5pm EDT/2pm PDT today…
Apple CEO Tim Cook poised to reveal his level of confidence in ‘iPhone 7’
When Apple reports its June quarter results today, it’s expected to post…
What the analysts expect from Apple’s Q316 earnings report today
Apple is on tap to report results for its fiscal third quarter after the market closes Tuesday…
Analyst: Fire Tim Cook
Financial services firm BGC Partners on Monday downgraded its rating on Apple stock to ‘sell’…
Apple’s Q416 guidance could be significantly short of expectations
Apple will give September quarter guidance when it reports its June quarter results…
What to look for in Apple’s earnings report today
Apple reports the results of its fiscal third quarter, the three months ended June 30…
Get ready for Apple’s Q316 iPhone SE surprises
Apple has a good likelihood of beating the revenue and “iPhones sold” estimates for Q3 FY2016…
Analyst downgrades Apple, says company has ‘peaked under the leadership of CEO Tim Cook’
With Apple Inc’s earnings report just a day away, Wall Street analysts are…
Jim Cramer expects ‘not great’ earnings from Apple tomorrow
The stock market is heading into a busy week of earnings season and all eyes will be on Apple…
All eyes on Apple as avalanche of quarterly reports from Silicon Valley begin
A quartet of technology heavyweights will be part of an avalanche of quarterly corporate earnings reports…
Apple to release Q316 earnings, webcast live conference call on July 26th
Apple has announced the date and time of the company’s fiscal year 2016 third quarter earning release and conference call…
Piper Jaffray’s Munster: Apple will return to growth
Apple will release the financial results for its 2016 third quarter after the market close on Tuesday, July 26…
Stifel reduces iPhone estimates, remains bullish on Apple stock
It’s a week until Apple reports earnings…
Apple’s App Store anti-competitive? Spotify and Elizabeth Warren think so
Late last month, Apple streaming music rival Spotify accused Apple of anti-competitive behavior for rejecting…
Barring a tax holiday, Apple will need to raise over $50 billion in debt the next 2 years
Apple increased its stock buyback program from $140 billion by March 2017 to $175 billion by March 2018…
What do the analysts expect from Apple’s Q316 earnings?
Apple will be announcing its fiscal 3Q16 results on July 26, 2016…
Irish finance minister: EU points to autumn decision in Apple tax probe
The European Union’s antitrust chief has indicated that it will likely reach a decision…