Growing wages, stronger employment and higher confidence led consumers to spend more than had been expected…
Tag: President Trump
Apple shares poised to gain 14%, defying skeptics
One would think that with all the negative commentary floating around…
Dow, S&P 500 and Nasdaq rocket to new all-time records
Economists say President Donald Trump has had generally positive effects on U.S. economic growth…
Apple could get a $4 billion boost from U.S. tax-law loophole
Companies that stockpiled trillions of dollars offshore free of U.S. income tax…
Why would any shareholder complain about Apple using repatriated funds for buybacks?
Sure, many of the leaders from Silicon Valley won’t experience a massive tax break…
More than 100 business leaders, including Apple CEO Tim Cook, urge U.S. Congress to pass bipartisan legislation dealing with ‘dreamers’
More than 100 top business leaders, including Facebook’s Mark Zuckerberg, Apple’s Tim Cook and IBM’s Ginni Rometty…
Apple to take 25% stake in… Apple Inc.?
To provide support for shares as iPhone unit growth slows, and services and other businesses…
UBS: Buy Apple as company could acquire more than $120 billion of its stock in two years
Apple’s capital return program will get much larger, according to one Wall Street firm…
GBH: Apple likely to repatriate $200 billion of its $252 billion foreign cash hoard
Could an expected windfall of billions of dollars from the tax break on repatriated overseas cash…
U.S. job-cut announcements hit lowest level since 1990
The passage of the tax bill has prompted unprecedented hiring plans for 2018…
No, Apple won’t buy Netflix when they repatriate their billions
Don’t expect Apple to buy Netflix this year with the billions of dollars they’ll soon be repatriating…
S&P 500 and Nasdaq rise to records on first trading day of 2018
Last month, President Donald Trump signed a bill that slashed the corporate tax rate in the U.S…
Citi analysts: 40% chance Apple will acquire Netflix now that President Trump’s corporate tax cut has been passed
Citi analysts recently sent a note to clients saying there is a 40% chance that Apple will buy Netflix…
Reports of Apple cutting iPhone X orders make no sense
The doom-and-gloom claims that captured a lot of media attention last week…
China offers tax incentives to persuade U.S. companies like Apple to stay
In a bid to keep American businesses from taking their profits out of China following Washington’s overhaul of the United States tax code…
The strange case of the curious iPhone X production cut claims
To put this all in perspective, consider the time when published reports indicated…
Apple finally got its long-sought tax break to bring billions home. Your move Apple…
For years, Apple CEO Tim Cook has called on Washington to make it less costly for his company…
Wall Street slips on tech sector weakness, report of soft iPhone X demand
U.S. stocks declined on Tuesday as Apple and shares of its parts suppliers weakened…
Rosenblatt analyst: There’s no evidence of iPhone X production cuts
Contrary to supply chain speculation, production of the iPhone X remains right…
Apple stock tumbles on one poorly-sourced report of low iPhone X demand
A day after Christmas, shares of Apple Inc. are taking a tumble…
Apple and suppliers shares drop on report of weak iPhone X demand
U.S. stocks were set to o…pen lower on Tuesday in thin trading volume following the Christmas holiday
Apple expected to repatriate $214 billion to the U.S.; expect increased buybacks and dividends, not big acquisitions
With the new tax structure we expect Apple will bring $214 billion back to the U.S…
How Apple will win (and lose) under President Trump’s tax cuts
The Republican tax bill now awaiting President Trump’s signature has two major pieces of good news for Apple…
Apple notches big league win with U.S. Republican tax cuts, but faces snag with taxes on foreign patents
The U.S. Republican tax overhaul passed by Congress this week will allow Apple Inc. to bring back its $252.3 billion…
Congressional Republicans deliver epic overhaul of U.S. tax laws to President Donald Trump
The House overcame a final hurdle by voting Wednesday to approve a sweeping overhaul of the nation’s tax code…
Republican-controlled U.S. Congress poised to approve biggest tax system overhaul in 30 years
There is little standing in the way of the Republican party’s first major legislative triumph under President Donald Trump…
Holiday spending on track to be highest in at least 12 years
Buoyant American attitudes on the economy look set to show up in plentiful, record-setting holiday spending…
Dow rises 5,000 points in a year for the first time ever
The Dow Jones industrial average just did something it has never done in its 121-year history…
U.S. economic optimism soars
A near record number expect the economy to improve in the next year causing President Trump’s approval rating to jump…
President Trump signs law banning Russian Kaspersky Labs software from U.S. government agencies
President Trump has signed into law an order banning the use of Kaspersky Lab products…
GOP tax cut plan sets 15.5% repatriation rate on offshore cash; 8% if invested in plants and equipment
The top tax rate that U.S. companies would pay on an estimated $3.1 trillion in earnings…
Wall Street Journal Editorial Board: The Internet is free again; killing Obama-era rules will remove the FCC as political gatekeeper
The left’s outcry at Mr. Pai ‘killing’ internet freedom has been so overwrought that…
GOP eyes taking bigger bite from Apple, others holding cash overseas to seal President Trump’s tax cuts
Republican tax negotiators, aiming to finalize their nearly $1.5 trillion in tax cuts on Friday…
NARUC regulators respond to scrapping of so-called ‘net neutrality’ regulations by U.S. FCC
The National Association of Regulatory Utility Commissioners has issued the following statement…
Tim Cook and Charles Koch: U.S. Congress must act on the ‘dreamers’
We have no illusions about how difficult it can be to get things done in Washington…
U.S. FCC scraps so-called ‘net neutrality’ regulations
In a vote Thursday, the U.S. Federal Communications Commission scrapped so-called “net neutrality” regulations…
Finisar deal helps Apple block Android rivals’ path to AR features
Apple Inc’s million deal with chip supplier Finisar Corp announced on Wednesday helps lock in…
Apple makes Trump-friendly investment in Finisar
Apple’s $390 million may go further than many think…
Apple is backing up iPhone X’s Face ID and AirPods with American jobs
In May, Apple pledged $200 million to glass manufacturer Corning…
How Apple and Finisar are transforming the future of Sherman, Texas
The 700,000-square-foot plant expects to begin shipping in the second half of 2018, and its output will make Sherman the VCSEL capital of the US…
Apple awards $390 million to VCSEL-maker Finisar; award will create 500 high-skill jobs at Sherman, Texas facility
VCSELs power some of Apple’s most popular new features, including Face ID, Animoji and Portrait mode selfies made possible with the iPhone X TrueDepth camera, as well as the proximity-sensing capabilities of AirPods…
The end to Apple’s cash dilemma
In fiscal 2017, Apple’s $50 billion of free cash flow was $2 billion more than free cash produced by Alphabet, Facebook, and Amazon combined…