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Tag: Sherman Texas

Apple owns a two-year lead over Android imitators in 3D sensing race

Tuesday, March 20, 2018 9:30 am7 Comments

Most Android phones will have to wait until 2019 to duplicate the 3D sensing feature behind Apple’s TrueDepth system…

Apple has eight years to pay $38 billion U.S. tax bill – with no interest or penalties

Thursday, January 25, 2018 10:34 amThursday, January 25, 201814 Comments

The eye-popping $38 billion tax bill that Apple Inc. said it plans to pay…

How Tim Cook’s ‘Trump strategy’ made Apple a killer stock

Friday, January 19, 2018 4:26 pmFriday, January 19, 201825 Comments

In case you haven’t noticed, Apple’s stock is up a mind-blowing 50% over the past 12 months…

President Trump personally calls Apple CEO Cook, thanks him for $350 billion investment pledge

Friday, January 19, 2018 9:57 amFriday, January 19, 201889 Comments

President Donald Trump said Thursday he personally called Apple CEO Tim Cook to thank him…

Here’s what Wall Street thinks of Apple’s cash repatriation plan

Thursday, January 18, 2018 2:52 pm10 Comments

Returning its overseas cash could net Apple Inc. $207 billion after taxes, according to an estimate…

Why a record $38 billion U.S. tax payment is a good deal for Apple

Thursday, January 18, 2018 1:36 pm6 Comments

Apple has faced mounting criticism in recent years for avoiding taxes in the US and Europe…

‘We want to help America,’ Apple CEO Tim Cook says of moving foreign money back to the U.S.

Thursday, January 18, 2018 10:44 am49 Comments

In an ABC News exclusive interview with Apple CEO Tim Cook…

Apple to build new U.S. campus, pay record $38 billion repatriation tax

Thursday, January 18, 2018 9:55 amThursday, January 18, 201827 Comments

Apple’s $38 billion tax commitment is the largest such sum announced in response to the major overhaul of the U.S. tax code that President Donald Trump signed into law…

Apple gives employees $2,500 bonuses after President Trump signed the GOP’s Tax Cuts and Jobs Act

Wednesday, January 17, 2018 6:12 pmWednesday, January 17, 2018160 Comments

Apple Inc. told employees Wednesday that it’s issuing a bonus of $2,500 worth of restricted stock units…

Looks like Apple is bringing nearly all of its $250 billion foreign cash back home to America

Wednesday, January 17, 2018 4:00 pmWednesday, January 17, 201850 Comments

Apple, already the largest US taxpayer, anticipates repatriation tax payments of approximately $38 billion…

Apple plans to add $350 billion to U.S. economy and create over 20,000 new jobs over next 5 years, pay $38 billion in repatriated taxes, the largest ever made

Wednesday, January 17, 2018 2:00 pmWednesday, January 17, 201856 Comments

Apple is increasing the size of their Advanced Manufacturing Fund from $1 billion to $5 billion…

Finisar deal helps Apple block Android rivals’ path to AR features

Thursday, December 14, 2017 12:30 pmThursday, December 14, 20177 Comments

Apple Inc’s million deal with chip supplier Finisar Corp announced on Wednesday helps lock in…

Apple makes Trump-friendly investment in Finisar

Wednesday, December 13, 2017 5:27 pm12 Comments

Apple’s $390 million may go further than many think…

Apple is backing up iPhone X’s Face ID and AirPods with American jobs

Wednesday, December 13, 2017 2:54 pmWednesday, December 13, 20174 Comments

In May, Apple pledged $200 million to glass manufacturer Corning…

How Apple and Finisar are transforming the future of Sherman, Texas

Wednesday, December 13, 2017 9:08 amWednesday, December 13, 201719 Comments

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

Wednesday, December 13, 2017 8:38 amWednesday, December 13, 201722 Comments

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…

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