Tangled web: Playing games with Apple’s accounting games<article>
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Which is worse, Apple’s maybe too-clever accounting that keeps it from paying taxes on its foreign cash or pretending that cash might as well not even exist?</p><p>
Writing for
MarketWatch (catch phrase: “We watch it, but we don’t really understand it.”), Brett Arends warns that
“Apple’s real cash pile is 99% smaller than you think.” (Tip o’ the antlers to
Joel Teitelbaum.)</p><p>
Arends sets the table with Apple’s cash hoard before deliberately trying to pull out the table cloth in such a way as to send the plates flying everywhere.</p><p class="jumpTag"><a href="/article/2990293/business/tangled-web-playing-games-with-apple-s-accounting-games.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article>
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Tangled web: Playing games with Apple’s accounting games
