10 Updates

Court rules in Einhorn's favor in Apple case

Source: MarketWatch, Feb 22 2013, 3:01pm CST

Want to see how this story relates to your portfolio? Just add items to create a portfolio now: SAN FRANCISCO (MarketWatch) - A federal court in New York has sided with hedge fund manager David Einhorn in preventing Apple Inc. (NASDAQ: ...

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Update
10

1 hour ago

3 Reasons Why This Company Will Lose Out on Its $7 Billion iWatch Opportunity

Source: Motley Fool  |   May 21 2013, 7:30pm CDT

Has Apple let its $7 billion iWatch opportunity slide under its feet? While rumors about Apple's (NASDAQ: AAPL ) iWatch still abound, Sony (NYSE: SNE ) has already shipped its SmartWatch to capture the market. Unfort ...

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9

1 hour ago

Apple Tax Bill Overstated to Investors

Source: All Things Digital  |   May 21 2013, 7:27pm CDT

Apple Inc.’s real tax bill isn’t as big as the one it reports to its investors. Among the findings of an investigation by the Senate’s Permanent Subcommittee on Investigations are figures that show Apple’s reported ta ...

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8

1 hour ago

REVIEW & OUTLOOK: The Apple Tax Diversion – WSJ

Source: Snow Report Blog  |   May 21 2013, 7:20pm CDT

Senators beat up a U.S. success for following the tax laws they wrote. You almost have to admire Carl Levin’s timing. Amid a furor over politicized IRS tax enforcement, the Michigan Democrat on Tuesday tried to change the subject to a ...

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7

1 hour ago

PRESS DIGEST - Financial Times - May 22

Source: Reuters  |   May 21 2013, 6:58pm CDT

Apple chief defends tax practices and denies avoidance BP moves to stop 'irreparable harm' of oil spill payouts EU set to widen cap on bonuses Nick Buckles bows out as G4S chief executive Apple Inc Chief Exec ...

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6

2 hours ago

Apple shares executives' opening statements from US Senate testimony

Source: MacNN  |   May 21 2013, 6:31pm CDT

Apple is accused of setting up "ghost" corporations in Ireland to avoid paying US taxes. The subsidiaries are cost-sharing arrangements, which Apple insists help to fund research and development, and ultimately create new jobs in the US. ...

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5

3 hours ago

Apple Recap: Tax Practices, Expansion Plans, and Brand Rankings

Source: Wall Street Cheat Sheet  |   May 21 2013, 5:43pm CDT

Apple (NASDAQ:AAPL) had a rough day, with Chief Executive Officer Tim Cook testifying before the Senate Permanent Subcommittee on Investigations regarding what The New York Times’ iEconomy series termed the “extra ...

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4

3 hours ago

Apple still most valuable global brand

Source: The Unofficial Apple Weblog (TUAW)  |   May 21 2013, 5:27pm CDT

Every year, Millward Brown Optimor produces the BrandZ list , a listing of the 100 most valuable brands. As with last year, Apple is at the top of the list with a 2013 brand value of just over US$185 billi ...

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Update
3

4 hours ago

Apple Scrutinized on Tax Avoidance

Source: PRI's The World  |   May 21 2013, 4:31pm CDT

Apple is the world’s most valuable company. It also makes things many of us love. So some of you may even be taking it personally that Apple is on the ropes today. The public scrutiny is over charges that Apple Inc. a ...

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2

4 hours ago

Apple Tax Mess: Ireland Says It’s No Holy Grail

Source: Wall Street Cheat Sheet  |   May 21 2013, 3:58pm CDT

Ireland is refusing to take blame for tax laws the government says are completely transparent following a Senate hearing in which Apple (NASDAQ:AAPL) was accused of keeping cash in subsidiaries located in Ireland to avoid ...

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Update
1

4 hours ago

Cook pushes for US IP law changes during Senate testimony

Source: Electronista  |   May 21 2013, 3:55pm CDT

Complains about speed of court system In a brief sidetrack during his Senate testimony today, Apple CEO Tim Cook voiced his opinion on US intellectual property law. Sen. Kelly Ayotte (R-NH) asked Cook about the IP benefits of running a company in t ...

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