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Apple May Bring Back Billions In Profits To The U.S. (siliconbeat.com)
An anonymous Slashdot reader quotes a report from the San Jose Mercury News:
Apple CEO Tim Cook says the company plans to bring back billions of dollars in profit to the U.S. next year. Cook's statement, made during an interview with RTE radio Thursday, contradicts his previous public statements on the issue: He has said for years that U.S. corporate taxes are too high, and that the Silicon Valley company wouldn't be repatriating profit until its home country changed its tax code.
"Right now I would forecast that we repatriate next year"Cook said, saying that the company has "provisioned several billion" for that purpose.
An interesting side-note: Apple accounts for 40% of Silicon Valley's profits.
"Right now I would forecast that we repatriate next year"Cook said, saying that the company has "provisioned several billion" for that purpose.
An interesting side-note: Apple accounts for 40% of Silicon Valley's profits.
Roger. We get it.
No, you don't...
You want expensive? How about we withdraw from NATO and let Germany worry about Russia on their own?
You don't suppose the require defense spending increase will be expensive, do you?
It may seem the US and EU have each other over a barrel, but it just SEEMS that way...
That will end up with the return of either the Nazis
Ha! Nice try... "better pay up and guard us or the boogie man will come back"
Try again...