Senator Claire McCaskill has just asked Apple CEO Tim Cook about the deal Apple forged with Ireland to pay only 2% taxes, and whether or not there will ever be a country that offers Apple such a great tax deal that they would pack up and move out of Cupertino to overseas.
Tim Cook explained that Ireland originally recruited Apple back in 1980 as part of an initiative to attract technology [Read More...]
Got an Android phone with NFC and ticked off you can’t use it anywhere for mobile payments? Blame Apple. According to one industry watcher, the Cupertino-based tech company is responsible for setting back the emerging NFC market by two years in the United States.
The claim comes from an analyst at Juniper Research, who says that because Apple didn’t put NFC in the iPhone 5, retailers have a reduced brand confidence in [Read More...]
No wonder he’s always smiling.
Despite taking control of Apple just 18 months ago, Tim Cook has been named by CNBC as the highest paid CEO in America. With an average annual compensation of around $ 95 million, Cook beats Oracle’s Larry Ellison and JC Penney’s Ron Johnson to the top spot.
Of course, both Larry Ellison and Ron Johnson are closely tied to Apple. Ellison was a friend of Steve Jobs, [Read More...]
Good news for our readers up north: Spotify should be available in Canada very soon. An exact date hasn’t been announced by Spotify, however.
As part of the music streaming service’s expansion plans, certain countries in Asia and South America could possibly be added in the near future as well.
The Wall Street Journal reports:
Spotify is set to launch its popular music-streaming service in Canada, and has further plans to possibly [Read More...]
The chart really says it all. According to a new CNBC survey, 51% of all American homes now own at least one Apple product, with the national average being 1.6 Apple devices per household. And if you own an Apple product, you’re probably educated, young and doing well for yourself. Score all around! [via ModMyI]
If you’ve been paying any attention to the Presidential Primaries lately, you’ll know that the number of iPhones China makes is a big issue this year. Why are we sending so many great jobs to China to build America’s most iconic tech product when unemployment is such a big problem? Well, Foxconn may employ tens of thousands of Chinese laborers to build the iPhone, but the vast majority of the labor [Read More...]
He created products that profoundly shaped the technology sector and modern culture as a whole. He won a Grammy without ever recording a song. Now Steve Jobs has a commercial jetliner named after him. Virgin America has emblazoned a giant ”Stay Hungry, Stay Foolish” on the side of one of its Airbus A320 jets. The plane flew for the first time last fall and is part of an internal naming competition within the [Read More...]
As recently as 2002, most of Apple’s products were manufactured in the USA. What happened? Why is nearly everything, from Macs to iPhones, made in China now? The New York Times provides an in depth report on Apple’s move overseas, and it’s not as simple as you might think. It isn’t just that workers are cheaper abroad. Rather, Apple’s executives believe the vast scale of overseas factories as well as [Read More...]
New data published by RetailSails this week — an independent analyzer of the U.S. retail industry — has revealed that Apple is the highest ranking U.S. retailer when it comes to sales per square foot, way ahead of companies like Tiffany & Co, Costco, and Best Buy. According to RetailSails, Apple enjoys a staggering $ 5,626 worth of sales per square foot across its 327 retail stores in the U.S. To put that figure [Read More...]
We’re all aware of how popular Apple’s tablet is. It spawns endless lines outside of Apple stores for days after its launch, and it no other tablet is anywhere close to being as successful. Apple’s iPad is so popular in fact, that one in six Hong Kong citizens own the device. That means around 17% of Hong Kong’s people own an iPad, according to MIC Gadget, which is six times the global [Read More...]