Apple has apparently found the mother of all tax shelter combinations. Despite company CEO Tim Cook having stated that “We pay all the taxes we owe, every single dollar. We don’t depend on tax gimmicks, we don’t stash money on some Caribbean island” during a a United States Senate investigative subcommittee hearing in 2013, the […]
Tag: Tax
Apple’s next financial earnings report is slated for November 2nd. The company announced that it will hold its Q4 2017 earnings call on November 2nd with a call following shortly thereafter at 2PM PT/5PM ET. Apple reported revenue of $45.5 billion last quarter on sales of 41 million iPhones, 11.4 million iPads, and 4.29 million […]
If you happened to pay the initial $2.99 fee for Apple’s spiffy new Workflow app, App’s going to give you that money back along with tax. Apple has apparently begun emailing iTunes customers who recently purchased Workflow to let them know that the app is now free and that refunds are imminent. It’s unknown as […]
Apple on Monday noted that it would hold its fourth quarter earnings call on Thursday, October 27th. The call will be held at the standard time of 2PM PT/5PM ET, with the earnings release itself being sent out roughly thirty minutes before then. The earnings call will be important in that it can show how […]
It’s 18% lower than it was last year, but it’s still US$9.5 billion in the bank… Per AppleInsider, Apple on Tuesday said second quarter profits fell roughly 18% to US$9.5 billion — or US$10.09 per diluted share — despite record second quarter sales of US$43.6 billion — the first year-over-year decline in earnings for the […]