I do wonder if Apple has a goal to get 10% of the PC market and 10% of the phone market.  

If they start getting too much marketshare, raise the price and remove ports.  Only half joking.

Damnit judge. We all know the expectations if we go in and destroy stuff -- you broke it, you bought it.  Judge should have hit him with full MSRP and demanded Apple hand over the destroyed product to him once the bill is payed.

gatorguy said:

srice said:

AAPL corporate tax rate is usually between 25%-26%. It's in their 10K every year. I wish there was better education on this topic -- Apple is not tax aggressive.

Is Apple deferring tax payments to the US? Yes, but is accruing that money and will pay the taxes when the money is repatriated.... Either way, it doesn't really impact Apple that much because they've accrued (set aside) the money to pay the taxes ..

No, Apple hasn't set aside (accrued) deferred taxes on upwards of $100B in "overseas" cash holdings. If they were to bring bring it all home to the US they would have around $30B additional due in currently unrecognized corporate tax obligations. And yes that's according to Apple themselves.

I think we are agreeing.

Provision for Income Taxes 

Provision for income taxes and effective tax rates for 2015, 2014 and 2013 are as follows (dollars in millions): 

 

		2015				2014				2013
Provision for income taxes		$	19,121			$	13,973			$	13,118
Effective tax rate			26.4%				26.1%				26.2%

Net Income: 53,394

$

39,510

$

37,037

Taking 2015 as an example: EBITDA = $84.5B, EBT=$72.2B, less $19.1B taxes  = net income $39.5B.  If they are incurring 26.4% in taxes, they are in no way, no how, tax aggressive.  Now it's just countries fighting over who gets how much.. the transfer pricers and lawyer squabble over who gets what share.

AAPL corporate tax rate is usually between 25%-26%. It's in their 10K every year. I wish there was better education on this topic -- Apple is not tax aggressive.

Is Apple deferring tax payments to the US? Yes, but is accruing that money and will pay the taxes when the money is repatriated. This is legal and above board.
If Apple has to pay more taxes to EU, they will pay less taxes to US -- but they will still end up paying about 25%-26% taxes.

This is a huge problem for the US Treasury, because if this EC decision sticks - there's over $1T of taxes the EC could claw back and start collecting that will no longer be sent to the US Treasury from all the US companies which do business in the EU - not just Apple.

Either way, it doesn't really impact Apple that much because they've accrued (set aside) the money to pay the taxes .. they'll eventually pay 25%-26% taxes to EC/US.

Are they not repatriating money back to the US to try and get a better tax deal with a tax holiday? Sure.. maybe they'll cut a deal to only pay 20% taxes. That's legal and above board. 

roake said:

Apple's iPhone 7 & 7 Plus survive early drop & water tests

Samsung's devices don't (except for the Note 7's, that survive moisture by going Nova).

That's actually a great name for their next phone.  The Samsung Super Nova.