Tag Archive: Cash


Even moving Apple’s cash pile home won’t halt E.U. tax investigation

Even bringing Apple’s sizable cash pile back to the U.S. wouldn’t stop the E.U. from investigating the company’s Irish tax arrangements, claims E.U. competition commissioner Margrethe Vestager. “Whether or not Apple wants to repatriate part of their un-repatriated profits is purely up to Apple and is of no concern [to] our case work,” she told reporters after a […]

(via Cult of Mac – Tech and culture through an Apple lens)

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We’ll pay cold, hard cash for Apple’s latest products (broken or not)

Because even the newest devices get stepped on and dropped in toilets, Cult of Mac’s buyback program has been updated to include the latest Apple products. We’re proud to announce that the iPhone 6s and 6s Plus, the iPad Pro, the iPad mini 4 and the 12-inch MacBook are now included in our buyback catalog, […]

(via Cult of Mac – Tech and culture through an Apple lens)

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Tim Cook says next-generation of kids will have no idea what cash is

Tim Cook is so bullish on Apple Pay, the CEO predicted that the next generation of children “will not know what money is”, on a recent visit to the UK. The death of cash will happen sooner than expected, says Cook who told students at Trinity College Dublin that their kids will have no idea […]

(via Cult of Mac – Tech and culture through an Apple lens)

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Steve Jobs movie rakes in cash during limited opening weekend

Just like the original Macintosh or iPhone, the Steve Jobs movie is racking up favorable reviews among a few early adopters — en route to (hopefully) taking over the world. After its limited opening weekend, it’s definitely off to a strong start. The $ 30 million movie played in limited release over the weekend, bringing in a total of $ 521,000. That […]

(via Cult of Mac – Tech and culture through an Apple lens)

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Apple dodges $59.2 billion tax bill by holding cash overseas

Apple is holding more cash overseas than any other corporation in the U.S. and it’s paying off big time by helping the company avoid an estimated $ 59.2 billion tax bill. Of course, Apple’s not alone in holding massive amounts of cash overseas. A new study released today found that the 500 largest companies hold more […]

(via Cult of Mac – Tech and culture through an Apple lens)

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How to avoid fake iOS crash scam that wants to steal your cash

An iOS scam designed to cheat people out of money is being reported by users in both the United States and the U.K. A number of iPhone and iPad users have received pop-up notifications on their devices informing them that…

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UK Apple Pay comes up short at the cash register

Merchants in the United Kingdom are preparing their shops and wares for the launch of Apple Pay this fall, but they have some extra work to do if they want to make the big sales. Apple Pay U.K. will come…

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How Apple’s massive cash pile is holding back its stock price

Despite meteoric iPhone sales, a hot new watch, and a music service coming soon, Apple’s stock price has stalled the last few months, and its massive pile of cash could be a big reason why. Apple analyst Neil Cybart explained…

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Apple Music’s recipe for a streaming hit? Cash, cards and marketing muscle

When Apple unveils its revamped music service Monday, it will mark a “tipping point” for mass acceptance of streaming over downloads, predicts Sony Music CEO Doug Morris. The new streaming service, which Morris says will be unveiled tomorrow at Apple’s…

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Steve Jobs’ high school classmates cash in on their yearbooks

Those lucky enough to have gone to high school with Steve Jobs are starting to cash in on their connection to the late Apple co-founder. The world’s obsession with all things Jobs has extended to his days as a young,…

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