DanW13

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DanW13
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  • Apple could owe over $8 billion in European taxes, new estimate indicates

    US Tax Laws allow foreign Companies who earn monies outside the US and being those earnings into US to not pay any taxes on said earnings, hence the reason Pfizer bought Allergen PLC (Domiciled in Ireland) where Allergen can bring all earned income they make in Ireland and elsewhere into US and out spend companies like Pfizer on R&D, where Pfizer who currently is Domiciled in US and if a Global Company (Ireland) pays Taxes in Ireland and also is forced to pay earned income taxes on same money here in US allowing Companies like Allergen to have nearly a 20% earnings Tax advantage over all US Domiciled Companies hence reason Pfizer is buying Allergen to move their Domicile to Ireland. Perhaps Apple should follow suit if our Dearly elected decides to not restructure our Tax laws in line with Countries like say Ireland for instance... Secondly that's the reason companies like Apple who are Cash Rich will not bring their earned income back to US where they'd have to pay upwards of 40% more in Taxes on same earned income they've already been Taxed, as Tim Cook noted during his interview on 60 Minutes "That would be crazy for us to pay 40% taxes for Share holds..." (Disclaimer I own Apple) and Tim Cook is right. The better idea right now is to simply borrow against all that Cash Apple has overseas to use back home in States when interest rates are so cheap (0%) for all intense and purposes why the hell wouldn't Apple/Others borrow against they're oversea's Cash piles ??? Makes sense to me, and makes sense to move your Domicile overseas via M&A Buying up some some small Companies Address in countries like Ireland, Brilliant !!!!
    tenly
  • China reports record sales and 33% growth in non-Android smartphones, casts doubt on 'peak iPhone'

    I believe via Apple's Proxy Statement I read that they're going to post some Stellar Numbers....Like one commented earlier....There's still time to buy buy buy, before Apples Share Price jumps above $110/share....Hurry while there's still a Fire Sale Hahahahahahah....If you think I'm kidding or blowing smoke, don't wait until the 26th to find out BUY....BUY....BUY as Cramer would tell ya ;)
    delreyjones