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Tag: Luca Maestri

Apple opening Europe’s first iOS app development center in Italy

Thursday, January 21, 2016 10:45 am1 Comment

Apple today announced the creation of Europes first iOS App Development Center in Italy…

Apple seeks to open their first retail stores in India

Thursday, January 21, 2016 8:28 amThursday, January 21, 20163 Comments

Apple Inc. applied to open its own stores in India for the first time, a strategy…

Apple may face $8 billion bill for back taxes after European Commission probe

Friday, January 15, 2016 8:28 amFriday, January 15, 201626 Comments

Apple Inc. may be facing a hefty tax bill in Europe…

Tim Cook took home $10.3 million, Angela Ahrendts earned $25.7 million in 2015

Wednesday, January 6, 2016 8:07 pmWednesday, January 6, 201655 Comments

In a filing with the U.S. SEC today, Apple stated earnings and executive compensation…

Apple would be worth $1 trillion if market valued it like Steve Jobs-run company

Monday, January 4, 2016 1:59 pmWednesday, January 13, 201631 Comments

In a note that made waves this weekend, Global Equities Research’s Trip Chowdhry recently shared his displeasure…

Apple to pay $348 million to settle Italy tax fraud case

Wednesday, December 30, 2015 8:34 am21 Comments

Apple’s Italian subsidiary has agreed to pay €318m (£235m; $348m) following an investigation into tax fraud allegations…

Will any U.S. presidential candidate give Silicon Valley what it wants most?

Tuesday, December 29, 2015 8:29 amTuesday, December 29, 201514 Comments

Apple Inc. Chief Executive Tim Cook is usually even-keeled when he is on stage or doing interviews…

Cramer: Apple’s Tim Cook is ‘patriotic’ on taxes

Monday, December 21, 2015 11:52 am28 Comments

CNBC’s Jim Cramer has a message for Tim Cook critics: He’s right on taxes…

Apple CEO Tim Cook is absolutely right – and wrong – on U.S. corporate tax policy

Sunday, December 20, 2015 2:06 pm37 Comments

In the interview with Charlie Rose, Mr. Cook describes the U.S. tax system as being designed for the industrial age as opposed to the digital age…

Apple CEO calls corporate tax rap ‘total political crap’

Friday, December 18, 2015 4:28 pmFriday, December 18, 201547 Comments

This is a tax code that was made for the industrial age, not the digital age. It’s backwards. It’s awful for America. It should have been fixed many years ago…

Apple saved $4.1 billion hedging against a rising dollar, says Stifel

Monday, December 14, 2015 4:33 pm3 Comments

An extremely well-timed currency hedging regimen saved Apple Inc. about 70 cents a share…

Apple generated $4 billion just by hedging currency this year

Friday, December 11, 2015 3:28 pmFriday, December 11, 201512 Comments

Apple, in effect, managed better than some companies the dollar effect that crimped many tech results…

If Apple announces its corporate U.S. exit, will we finally get the message?

Friday, December 4, 2015 9:05 amFriday, December 4, 201538 Comments

Pfizer’s corporate U.S. exit should be a wake-up call to the American public…

Think Ireland’s corporate tax is unfair? Wave goodbye to Apple and thousands of jobs if it’s changed

Saturday, November 14, 2015 2:30 pmSaturday, November 14, 201545 Comments

It is fascinating to watch left wing ideologues and simple minded idiots (though I repeat myself) gleefully call for the Irish nation…

Apple announces 1,000 new jobs in Ireland as EU tax ruling nears

Wednesday, November 11, 2015 3:56 pmWednesday, November 11, 201511 Comments

“You can tell by our announcement today, we’re all in,” Chief Executive Tim Cook said…

MacDailyNews presents live notes from Apple’s Q415 Conference Call

Tuesday, October 27, 2015 4:47 pmTuesday, October 27, 201528 Comments

MacDailyNews presents live notes from Apple’s Q415 Conference Call with analysts starting at 5pm EDT/2pm PDT today….

Carl Icahn’s political campaign could boost value of his Apple holdings

Wednesday, October 21, 2015 4:04 pmWednesday, October 21, 20158 Comments

The plan of Carl Icahn to spend $150 million in campaign money touches on the hottest debate…

EU demands millions in back taxes from Starbucks and Fiat; sets up showdown with Apple

Wednesday, October 21, 2015 8:57 am21 Comments

Starbucks Corp. and a Fiat Chrysler Automobiles NV unit must each pay as much as 30 million euros…

Apple: The one thing nobody is mentioning

Monday, October 19, 2015 12:55 pmMonday, October 19, 201515 Comments

There are many key items Apple investors are discussing, from sales of the new Watch to how this year’s iPhone launch timeline…

Apple avoids $59.2 billion U.S. tax bill

Wednesday, October 7, 2015 12:01 pmWednesday, October 7, 201535 Comments

The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes…

Apple tax probe won’t hurt Ireland, Finance Minister Noonan says

Monday, October 5, 2015 4:55 pmMonday, October 5, 2015No Comments

The findings of a probe into Apple Inc.’s tax affairs in Ireland won’t hurt the country…

Analyst: Investors have ‘zero confidence’ in Apple management

Tuesday, September 15, 2015 8:56 amTuesday, September 15, 201558 Comments

Global Equities’ Trip Chowdhry, the sole proprietor of tiny research firm with an outsized media presence…

MacDailyNews presents live notes from Apple’s Q315 Conference Call

Tuesday, July 21, 2015 4:44 pmTuesday, July 21, 201513 Comments

MacDailyNews presents live notes from Apple’s Q315 Conference Call

Apple giving Pimco a run for its money in the bond market

Friday, June 5, 2015 9:55 amFriday, June 5, 20158 Comments

Apple has been lobbying Congress for two years to approve a repatriation holiday…

Apple increases prices in Europe, Canada due to strengthening U.S. dollar

Tuesday, May 19, 2015 6:26 pmWednesday, May 20, 201522 Comments

Apple raised prices in a number of overseas markets on Tuesday…

EU’s Vestager says will not complete tax inquiries of Apple, others in second quarter

Tuesday, May 5, 2015 8:28 amTuesday, May 5, 20155 Comments

European Competition Commissioner Margrethe Vestager said on Tuesday…

Under-the-radar gems from Apple’s earnings call

Friday, May 1, 2015 2:16 pm10 Comments

On Monday, Apple released results for fiscal Q2, and had an earnings call…

Apple may have to pay Ireland 10 years of back taxes

Thursday, April 30, 2015 11:28 am47 Comments

This week, in a regulatory filing, Apple said that if the EC comes back…

Apple warns of potential ‘material’ financial damage from European tax probe

Wednesday, April 29, 2015 2:58 pmThursday, April 30, 201524 Comments

Apple has warned investors that it could face ‘material’ financial penalties…

MacDailyNews presents live notes from Apple’s Q215 Conference Call

Monday, April 27, 2015 4:57 pmMonday, April 27, 201538 Comments

MacDailyNews presents live notes from Apple’s Q215 Conference Call…

Read this before you even think of selling your Apple Inc. shares

Tuesday, April 21, 2015 3:57 pmTuesday, April 21, 201521 Comments

With Apple stock trading a whopping 67% higher than it was 12 months ago…

Italian prosecutors wrap up tax probe into Apple, sources say

Tuesday, March 24, 2015 8:28 am3 Comments

These new allegations are completely without merit, Apple says…

U.S. companies now have $2.1 trillion overseas to avoid corporate taxes

Wednesday, March 4, 2015 8:32 am29 Comments

“Microsoft Corp., Apple Inc., Google Inc. and five other tech firms now account for more than…

Americans’ interest in hiking corporate taxes wanes slightly

Thursday, February 5, 2015 9:57 amThursday, February 5, 201518 Comments

Back in 2008, when gas prices hit $4 per gallon for the first time…

Intel CFO: Obama repatriation tax proposal ‘lipstick on a pig’

Wednesday, February 4, 2015 8:18 pm24 Comments

We need fundamental tax reform that helps companies…

U.S. Congress, Obama take Apple CEO Cook’s advice, eye corporate tax changes

Tuesday, February 3, 2015 2:26 pmTuesday, February 3, 201524 Comments

When quizzed about its tax practices, Apple CEO Tim Cook told a Senate subcommittee…

Obama targets foreign profits with tax proposal, Republicans skeptical

Monday, February 2, 2015 8:30 amMonday, February 2, 201570 Comments

Obama will call for a one-time, 14 percent tax on an estimated $2.1 trillion…

Senator Rand Paul finds Democratic partner for tax repatriation holiday

Friday, January 30, 2015 8:35 amFriday, January 30, 201551 Comments

Under current law, U.S. companies must pay the full 35 percent tax rate….

MacDailyNews presents live notes from Apple’s Q115 Conference Call

Tuesday, January 27, 2015 4:40 pmMonday, April 27, 201524 Comments

MacDailyNews presents live notes from Apple’s Q115 Conference Call…

Apple says it may lose Irish tax break

Friday, October 31, 2014 9:59 amFriday, October 31, 201431 Comments

Apple says it is at risk of being hit with a higher tax rate…

MacDailyNews presents live notes from Apple’s Q414 Conference Call

Monday, October 20, 2014 4:45 pmMonday, October 20, 201421 Comments

MacDailyNews presents live notes from Apple’s Q414 Conference Call…

EU tax probe spotlights Ireland’s allure for multinationals

Monday, October 13, 2014 2:02 pmMonday, October 13, 201419 Comments

An EU probe into a tax deal between Ireland and Apple is raising pressure…

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