Search Results for: Apple
Apple should repay Ireland €13bn, European Commission rules
August 30th, 2016
Ireland should recover up to €13bn (£11bn) from Apple in back taxes, the European Commission has ruled. After a three-year investigation, it has concluded that the US firm’s Irish tax benefits are illegal. The Commission said Ireland enabled the company ...
Apple facing back taxes running into billions over Ireland deal
August 30th, 2016
Irish officials expect European commission to declare the arrangement with Apple unlawful under state aid rules Apple could face back taxes running into billions with the European commissionexpected to rule against the company on Tuesday over its arrangements with the ...
U.S. Warns Apple Tax Probe in Europe Could Set ‘Undesirable Precedent’
August 25th, 2016
Just weeks before the European Commission is expected to make a decision in its landmark Apple tax probe, the U.S. Treasury department has criticized the Brussels-based body for “threatening international agreements on tax reform,” and warned that a decision against ...
Apple’s iPhone sales and revenue fall again – but Wall Street’s loving it
July 27th, 2016
Apple shares were up nearly seven per cent in after hours trading, breaking through the $100 mark, after reporting earnings and iPhone sales slightly ahead of Wall Street expectations. The figures Apple revenue hit $42.4bn in the third quarter, down from $49.6bn in the same period last year ...
Wirecard integrates Apple Pay as a new payment method in Switzerland
July 8th, 2016
Apple Pay integration in the Wirecard Mobile SDK Wirecard, the leading payment service provider, will offer its customers Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient when ...
IBM to Offer Apple Pay on the Web to Commerce Clients
June 15th, 2016
IBM (NYSE: IBM) today announced that it will offer Apple Pay on the web to its online clients, bringing their customers easy, secure and private payments in Safari on iPhone, iPad and Mac with a single touch. According to BI Intelligence four ...
EU Lays Down the Law on Tax Deals as Apple Probe Continues
May 20th, 2016
EU regulator clarifies rules for profit-shifting arrangements Transactions between units should be at market prices The European Union, locked in a tax battle with the likes of Apple Inc. and McDonald’s Corp., laid down the law in its bid ...
Asian Stocks, Nasdaq Futures Slide on Apple; Aussie Sinks on CPI
April 27th, 2016
European shares fluctuate amid mixed earnings; Total climbs Apple, Twitter add to technology gloom as forecasts disappoint Treasuries rose, sending 10-year yields lower for the first time in eight days, and the dollar weakened, as markets signaled caution before ...
What Apple’s first revenue decline in 13 years means for the stock market
April 27th, 2016
Apple Inc.’s disappointing corporate results late Tuesday may be a bad omen for a skittish market fretting about the health of the U.S. and global economy. Apple AAPL, -0.69% CEO Tim Cook pinned some of the blame for the Cupertino, Calif.-based company’s ...
Slowing growth of iPhones sales may affect Apple’s results that will be announced on Tuesday
April 25th, 2016
Apple loves being able to report “record revenue” when posting its quarterly financial results. Indeed, for the last five quarters the company has used that phrase in its news releases. On Tuesday, however, when Apple reports for the first three months ...
