News: Apple Inc (AAPL.O)

AAPL.O on Nasdaq

445.15USD
24 May 2013
Price Change (% chg)

$3.01 (+0.68%)
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Thu, May 23 2013

UPDATE 1-Judge says leaning toward U.S. in Apple e-books case

NEW YORK, May 23 - In an unusual move before a trial, a federal judge expressed a tentative view that the U.S. Justice Department will be able to show evidence that Apple Inc engaged in a conspiracy with publishers to increase e-book prices.

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Apple enjoyed Irish tax holiday from the start

SAN FRANCISCO/DUBLIN - Apple has operated almost tax-free in Ireland since 1980, welcomed by a government keen to bring jobs to what was then one of Europe's poorest countries, former company executives and Irish officials have said.

RPT-Apple enjoyed Irish tax holiday from the start

SAN FRANCISCO/DUBLIN, May 23 - Apple has operated almost tax-free in Ireland since 1980, welcomed by a government keen to bring jobs to what was then one of Europe's poorest countries, former company executives and Irish officials have said.

Apple supplier Cirrus slumps as pricing pressure grows

SAN FRANCISCO - Shares of Apple supplier Cirrus Logic slumped 18 percent on Thursday after the chipmaker said in a filing it faces growing pricing pressure in the smartphone market.

Ireland says will not be U.S. 'whipping boy' on tax

DUBLIN - Ireland's finance minister said the country would not be the "whipping boy" for what he called a flawed U.S. Senate report that said Irish loopholes helped technology giant Apple shrink its tax bill.

Apple, former Washington wallflower, now at center of tax fight

WASHINGTON - For years, Apple Inc kept a low profile in Washington as it grew into one of the most valuable companies in the world. Now the iPad maker has taken the lead, perhaps inadvertently, on a top priority for U.S. business: simplifying America's tax code.

UPDATE 2-Ireland says will not be U.S. "whipping boy" on tax

* Irish government calls Senate report "wrong and misleading"

Ireland feels the heat from Apple tax row

DUBLIN - Ireland called on Wednesday for an international clampdown on multinationals shifting profits around the world to avoid tax, after criticism that Irish loopholes helped technology giant Apple to shrink its tax bill.

PRESS DIGEST - Ireland - May 22

These are some of the leading stories in Ireland's newspapers on Wednesday. Reuters has not verified these stories and cannot vouch for their accuracy:

Apple CEO makes no apology for company's tax strategy

WASHINGTON - Apple Inc Chief Executive Tim Cook made no apology on Tuesday for the iPad maker saving billions of dollars in U.S. taxes through Irish subsidiaries and told lawmakers that his company backs corporate tax reform, even though it may end up paying more. | Video

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