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Title: Phantom Tax Keeps Apple’s Financial Earnings Results From Being Much Higher [Report] Post by: HCK on July 24, 2012, 11:00:04 am Phantom Tax Keeps Apple’s Financial Earnings Results From Being Much Higher [Report]
We reported a few weeks ago that Apple had parked scads of cash overseas, some $74 billion in cash. Looking forward to tomorrow’s earnings report, however, it can be argued that their financial numbers could be much higher if the cash, mainly parked overseas due to potential tax liabilities in the US, were returned to [...]Related StoriesColligo Update Expands SharePoint Options For iPhone/iPad UsersGoogle Lobbyists Are Outspending Apple Nearly 10 To 1Martin Scorsese Stars In New Siri Ad [Video]Amazingly, Tim Cook and Samsung Bosses Disagree On Patent ValueDeveloper Survey Shows iOS Surging Ahead Of Android In The Enterprise [Report] http://feedproxy.google.com/~r/cultofmac/bFow/~3/dn8ADJZaxVU/story01.htm |