taxes
Jon Stewart on Tim Cook, Apple's taxes, and the subcommittee
May 23, 2013: 1:01 PM ET"Who are those people? What is the opposite of a Genius Bar?"
FORTUNE -- You knew The Daily Show wasn't going to pass up a chance to comment on a hearing as unintentionally comical as the Senate subcommittee's probe into Apple's (AAPL) taxes.
Apologies for the fuzzy YouTube clip. There's a better version on Comedy Central's Daily Show site.
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Joe Nocera does it again
On the New York Times Op-Ed page he calls Apple CEO Tim Cook a liar.
FORTUNE -- I met Joe Nocera once, and he seemed like a nice guy. Over his long career as a business journalist -- including more than a decade at Fortune -- he's done some first-rate work on Apple (AAPL). "The Second Coming of Steve Jobs," a profile for Esquire of the entrepreneur at age 31, may MORE
Philip Elmer-DeWitt - May 23, 2013 7:24 AM ETPosted in: Apple, Carl Levin, Hearings, Joe Nocera, New York Times, Overseas, Senate, Steve Jobs, taxes, Tim Cook -
Guess which senator asked Apple the smartest questions?
To the surprise of many, it was the Tea Party candidate from Wisconsin.
FORTUNE -- Sen. Ron Johnson -- not to be confused with the Ron Johnson who created the Genius Bar -- gets a lot of heat from liberals in his home state for his positions on abortion (he's against it), same sex marriage (ditto), global warming (caused by sun spots) and the Violence Against Women Act (unconstitutional).
There's even a MORE
Philip Elmer-DeWitt - May 22, 2013 1:13 PM ET -
Tim Cook's testimony on Apple's taxes: The reviews are in
Reporters wrote two kinds of second-day stories, with two very different takes.
FORTUNE -- A search of Google News the day after Tim Cook's Senate testimony on Apple's (AAPL) taxes turned up two kinds of stories.
Headlines reporting on the fact of the hearing tended to use metaphors of violence ("rip," "lambaste," "clash," "spar," "fend off") or of high-temperature torture ("grilled," "under fire," "hot seat").
But the journalists who reported on the atmospherics MORE
Philip Elmer-DeWitt - May 22, 2013 10:14 AM ET -
Mr. Cook came to Washington and escaped unscathed
No one laid a glove on Apple's CEO, not even the subcommittee's hostile chairman.
FORTUNE -- In February, the Huffington Post's Jason Gilbert reviewed the performance of Apple (AAPL) shares on days that Tim Cook spoke in public and concluded, as his headline put it,
The Last 6 Times Tim Cook Has Talked, Apple's Stock Has Dropped.
So it was with some trepidation that Apple investors tuned in to C-Span.org Tuesday morning to watch Cook's MORE
Philip Elmer-DeWitt - May 21, 2013 3:05 PM ET -
Sen. Rand Paul: 'The Senate should apologize to Apple'
The junior senator from Kentucky has been tweeting up a storm in Apple's defense.
FORTUNE -- In subcommittee hearings Tuesday, Senators Carl Levin and John McCain were careful to balance praise for Apple's (AAPL) achievements with outrage over its "convoluted and pernicious" (McCain's words) tax avoidance strategies.
Sen. Rand Paul showed no such balance. He lit into his own committee's leadership for "dragging" one of America's great success stories into what he MORE
Philip Elmer-DeWitt - May 21, 2013 11:10 AM ET -
Where to watch the Senate's Apple hearings
C-Span.org began coverage at 9:30 a.m. Tim Cook is scheduled to appear in Part 2.
FORTUNE -- If the subcommittee report is any indication, Tim Cook and his colleagues will face tough questions Tuesday from Sens. Carl Levin (Dem.) and John McCain's (Rep.) Permanent Subcommittee on Investigations.
The report charges that Apple (AAPL) avoided paying roughly $10 billion in U.S. taxes a year by funneling foreign income through a series of Irish MORE
Philip Elmer-DeWitt - May 21, 2013 9:30 AM ET -
Apple vs. Subcommittee: Tim Cook has some explaining to do
It's a good thing for Apple that most people won't read the Senate subcommittee's report.
FORTUNE -- The 40-page case study on Apple's (AAPL) overseas tax strategies submitted by the Senate's Permanent Subcommittee on Investigations Monday is not an easy read.
The 10-page overview of tax principles and law in the middle -- a history of how a program to block the use of offshore tax havens begun by President Kennedy was MORE
Philip Elmer-DeWitt - May 21, 2013 7:33 AM ET -
How Apple sidestepped U.S. taxes: The Senate's version
The results of its probe of Apple's offshore taxes are now available online.
FORTUNE: By Monday afternoon, the day before Tim Cook's scheduled appearance before the Senate Permanent Subcommittee on Investigation, both sides of the story were available online as PDFs: Apple's (AAPL) 17 pages of airbrushed testimony and the subcommitee staff's blistering 40-page retort.
As reader Jim Neal puts it: "Anybody who thinks this is going to be a cordial exchange of ideas MORE
Philip Elmer-DeWitt - May 20, 2013 7:05 PM ET -
Watch who Tim Cook talks to in the Washington press corps
In advance of next Tuesday's Senate testimony, he softened the ground with interviews at Politico and the Washington Post -- but not, pointedly, the New York Times.
FORTUNE -- Tim Cook is coming to Washington next week, summoned by the same Senate subcommittee that blasted Microsoft (MSFT) and Hewlett Packard (HPQ) last fall for funneling U.S. profits overseas to avoid paying U.S. taxes on them.
But Apple's (AAPL) CEO -- whose company MORE
Philip Elmer-DeWitt - May 17, 2013 6:35 AM ET
