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FILTER RESULTS ►Some comic relief from Apple's congressional appearance
Apple sent three top executives to Washington, D.C. yesterday to testify in front a congressional hearing on Apple's tax practices. Making the journey from Cupertino were Apple CEO Tim Cook, Apple CFO Peter Oppenheimer, and Phillip Bullock...Show More Summary
Apple Publishes Opening Statements From Today’s Senate Hearing On Taxes
Apple has published the opening statements read by CEO Tim Cook and CFO Peter Oppenheimer earlier today at the U.S. Senate Subcommittee hearing on corporate taxes. The hearing lasted several hours and was televised live on CSPAN. Senators like Carl Levin, John McCain, and Rand Paul were present to lead the committee and hear from industry [...]Show More Summary
Excerpts of Apple Executives' Senate Committee Testimony on Tax Policy
Three Apple executives, CEO Tim Cook, CFO Peter Oppenheimer, and head of tax operations Phillip A. Bullock, appeared in front of the U.S. Senate Permanent Subcommittee on Investigation earlier today, testifying about Apple's tax policies.
MacRumors has a rough transcript of the hearing, while the full event is viewable on C-SPAN. Show More Summary
Ireland Says It’s Not To Blame For Apple’s Low Tax Bill
Apple CEO Tim Cook and CFO Peter Oppenheimer are in Washington D.C. this morning to talk to a Senate subcommittee about Apple’s off-shore cash hoard. The Apple execs are expected to face a lot of heat surrounding Apple’s Irish subsidiary that has 0 employees but Apple funneled 64% of its earning through it without paying any [...]Show More Summary
LIvestream of Tim Cook and Peter Oppenheimer at today's congressional hearing
Catch up on all of Apple's tax controversy here as both CEO Tim Cook and CFO Peter Oppenheimer gear up to testify in front of Congress to address Apple's billions in foreign-stored cash. LIvestream of Tim Cook and Peter Oppenheimer at...Show More Summary
Senator Rand Paul apologizes to Apple, blames Congress for tax woes at Senate hearing
Before either Apple CEO Tim Cook or Apple CFO Peter Oppenheimer took the stand to testify on behalf of Apple to defend the company’s tax practices, Senator Rand Paul of Kentucky lashed out on Senator John McCain and Senator Carl Levin for the “spectacle of dragging in here executives from Apple using the brute force […]
Apple CEO Tim Cook and CFO Peter Oppenheimer Testify In Front of Senate Committee on Tax Strategies [Live]
After jostling in competing memoranda yesterday, Apple and a group of U.S. Senators are prepared to go head-to-head in a committee hearing examining the tax avoidance strategies of Apple and other multinational corporations.
CEO Tim Cook, CFO Peter Oppenheimer, and Apple's head of tax operations Phillip A. Show More Summary
3 Mindbending Ways Apple Dodged $13.8B In Taxes
Kudos to Apple's finance lawyers, who are the Cirque Du Soleil of legal contortionism. On the eve of live testimony from CEO Tim Cook, CFO Peter Oppenheimer and Phillip Bullock, head of Apple's tax operations, a scathing congressional...Show More Summary
U.S. Senators Claim Apple Has Avoided Paying Billions in U.S. Income Taxes Ahead of Tim Cook Testimony
A Senate subcommittee has released a 40-page memo accusing Apple of not paying billions of dollars in federal taxes through "extensive tax-avoidance strategies".
Apple CEO Tim Cook, CFO Peter Oppenheimer, and Apple's head of tax operations Phillip A. Show More Summary
Apple Releases Statement Ahead of Tim Cook's Senate Appearance on Tax Policy
Apple today released a statement [PDF] ahead of Apple CEO Tim Cook, CFO Peter Oppenheimer, and head of tax operations Phillip A. Bullock's appearances in front of the U.S. Senate Permanent Subcommittee on Investigation tomorrow.
In the...Show More Summary
Tech News: Apple Inc. (AAPL)’s CFO Peter Oppenheimer, Research In Motion Ltd (BBRY) Q10 Supply Issues
Editor’s Note: Related Tickers: Apple Inc. (NASDAQ:AAPL), Research In Motion Ltd (NASDAQ:BBRY), Nokia Corporation (ADR) (NYSE:NOK), Microsoft Corporation (NASDAQ:MSFT) Apple rewards finance chief with $69M pay in 2012, highest of any CFO (Apple Insider) Apple Inc. Show More Summary
Apple is again sending around updated brochures to Cupertino residents on upcoming Campus 2 project
Last May, after some residents voiced concern about Apple’s planned Spaceship Campus 2 project, Apple CFO Peter Oppenheimer sent out a brochure/mailer to local residents, hoping to alleviate concerns about the huge new office building and surrounding Campus 2. Click to enlarge, via Macrumors Apple last week updated its Campus 2 plans with the inclusion of walk and [...]
AAPL Conf Call: Point Taken, Says CEO Cook, ‘Our Growth Rate Has Slowed’
Following a fiscal Q2 report by Apple (AAPL) that saw the stock first halted, then hoisted 5%, and then give back all of those gains, CEO Tim Cook and CFO Peter Oppenheimer held a conference call with analysts. The quarter’s results exceeded Apple’s revenue forecast and Street revenue and profit expectations, but this quarter’s revenue [...]
Apple Retail still growing: 402 stores, revenue up 19%, 30 new stores in 2013
Apple retail is still growing fast, Apple CFO Peter Oppenheimer said today on the company’s quarterly earnings call. “We had revenue of $5.2 billion for the stores this year,” Oppenheimer said, adding that it was up 19 percent year-over-year. Strong …
iPad sales in China and Japan more than doubled since last year
In today's conference call after the Q2 2013 fiscal results, Apple CFO Peter Oppenheimer revealed that Apple products are selling like gangbusters in East Asia. In China and Japan both, iPad sales more than doubled this quarter from the quarter the year prior. Show More Summary
Apple Says It Will Return Billions To Shareholders
The consumer electronics company has more than doubled its stock repurchase program with plans to buy $100B of its shares by the end of 2015. “This is the largest share buyback of any company in history,” CFO Peter Oppenheimer says. In addition, Apple raised its dividend 15% to $3.05 a share. Show More Summary
Apple now has more than 300M iCloud users
Sept. 9 - 10, 2013San Francisco, CAEarly Bird Tickets on Sale Apple has more than 300 million users on its iCloud storage and syncing service, Apple CFO Peter Oppenheimer said today on its Q2 2013 earnings call. iCloud is …
Join us for a TUAW liveblog of the Apple Q2 2013 earnings call
This afternoon, Apple CEO Tim Cook and CFO Peter Oppenheimer will host Apple's Q2 2013 earnings call to discuss the company's financial fortunes for the quarter ending March 31, 2012. As always, TUAW is hosting a liveblog of the event,...Show More Summary
Apple in 2013: Sticky, Cheap, and Green
Apple's CFO Peter Oppenheimer sat down with Morgan Stanley analyst Katy Huberty last Friday and provided some insights on what investors could expect from Apple in 2013. Huberty's main takeaways from the meeting included expectations...Show More Summary
Apple Inc. (AAPL) in 2013: Stickiness, Cheapness, and Cash
Morgan Stanley (NYSE:MS) analyst Katy Huberty provides three interesting takeaways from her meeting with Apple Inc. (NASDAQ:AAPL) CFO Peter Oppenheimer in her research note last Friday. In 2013 she expects: 1).Further development of new services to compliment Apple’s “sticky” ecosystem. Show More Summary
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