Remains of the Day: Where in the world?
Mr. Cook goes to Washington, an Apple Store grows in San Francisco, and Mac spyware turns up in Norway. The remainders for Thursday, May 16, 2013, are going global.
Apple on offense over $100B offshore stash (Politico)
Yes, that’s right: Politico. Tim Cook’s giving interviews to political sites in advance of his testimony in front of the U.S. Senate’s Permanent Subcommittee on Investigations. The topic? Offshore holdings by Apple and other companies. In his Politico interview, Cook categorically denied funneling domestic products overseas, and said that the company paid all of the taxes it owed. Furthermore, Cook apparently plans to make some suggestions about overhauling the tax code, which will finally let those salivating tech writers drag out the “Apple tax” headlines again.
Apple to open new store on Union Square (SFGate)
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