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May 21, 2013

Apple CEO Tim Cook was facing a Congressional panel today with tough questions about the way the company has organized itself in an effort to lower its tax burden. But at the end of the questioning, John McCain had something else on his mind. That, friends, is what we call a softball.

14:59 // 11 months ago
Apple Operations International is registered in Cork, Ireland, but has “no physical presence at that or any other address,” according to the report. Indeed, the corporate entity has existed for 30 years and apparently never had a single employee. Of the three people on its board, all Apple employees, two live in California; 32 of its last 33 board meetings took place in Cupertino, and the Irish director participated in seven of them. Its assets are managed by a Nevada company, and held in bank accounts in New York.

How to make $30 billion and pay no corporate income tax, the Apple way (via wonklife)

The rotten financial Cork … er, core of Apple?

(via wonklife)

11:56 // 11 months ago
May 10, 2013

Some design agency spent a lot of time coming up with a rough concept of what iOS 7 probably isn’t going to look like. But let’s just say it looks kind of cool.

12:35 // 11 months ago
April 27, 2013
nasdaq:

Apple’s data centers now use 100% renewable energy, including solar, wind and geothermal energy — the company no longer powers any of its operations with coal or other fossil fuels. In fact, last December, Apple powered up a 100-acre solar farm adjacent to a North Carolina data center. Using fuel cells made by Bloom Energy Corp., which generates energy from biogases, Apple is able to generate 60% of all the energy it needs to run the data center onsite. Read more about it from Bloomberg, here. 

The news can be harrowing these days for environmental advocates working on climate change issues, of which this is obviously a thoroughly tiny aspect. This stuff is important enough, though, that even modest good news and developments should keep making the rounds.

nasdaq:

Apple’s data centers now use 100% renewable energy, including solar, wind and geothermal energy — the company no longer powers any of its operations with coal or other fossil fuels. In fact, last December, Apple powered up a 100-acre solar farm adjacent to a North Carolina data center. Using fuel cells made by Bloom Energy Corp., which generates energy from biogases, Apple is able to generate 60% of all the energy it needs to run the data center onsite. Read more about it from Bloomberg, here

The news can be harrowing these days for environmental advocates working on climate change issues, of which this is obviously a thoroughly tiny aspect. This stuff is important enough, though, that even modest good news and developments should keep making the rounds.

16:16 // 12 months ago
April 26, 2013
thisistheverge:

Coffee date with Tim Cook earns $295,000 bid, breaks Bill Clinton’s charity record
Charitybuzz’s offer of a coffee date with Apple CEO Tim Cook may only have entered its third day of bidding, but it has already broken the record for the biggest ever charity auction on the website. With bids totalling more than $295,000, Cook’s auction has surpassed the previous record bid of $255,000 — for a chance to spend a day with former US President Bill Clinton — and there are still 18 days left to bid. 

Tim Cook is an expensive date.

thisistheverge:

Coffee date with Tim Cook earns $295,000 bid, breaks Bill Clinton’s charity record

Charitybuzz’s offer of a coffee date with Apple CEO Tim Cook may only have entered its third day of bidding, but it has already broken the record for the biggest ever charity auction on the website. With bids totalling more than $295,000, Cook’s auction has surpassed the previous record bid of $255,000 — for a chance to spend a day with former US President Bill Clinton — and there are still 18 days left to bid. 

Tim Cook is an expensive date.

9:52 // 12 months ago
April 21, 2013
Here it is, everyone. The first totally speculative piece suggesting that Apple plans to oust Tim Cook as its CEO. The only on-the-record source in the entire piece says this line, contradicting the entire point of the article: “We expect Apple’s growth to exceed that of many of its peers.” This guy got on the train early.

Here it is, everyone. The first totally speculative piece suggesting that Apple plans to oust Tim Cook as its CEO. The only on-the-record source in the entire piece says this line, contradicting the entire point of the article: “We expect Apple’s growth to exceed that of many of its peers.” This guy got on the train early.

15:44 // 1 year ago
April 8, 2013
Doing it wrong: Just over a year after he started, Ron Johnson is out as J.C. Penney’s CEO. Johnson, who built his career on the conception of the Apple Store, tried a bold strategy of across-the-board price cuts to buoy the department store chain, only to see that strategy totally fail in the marketplace. Johnson will be replaced by Mike Ullman, the man Johnson replaced in 2011. (photo by Thomas Iannaccone/AP)

Doing it wrong: Just over a year after he started, Ron Johnson is out as J.C. Penney’s CEO. Johnson, who built his career on the conception of the Apple Store, tried a bold strategy of across-the-board price cuts to buoy the department store chain, only to see that strategy totally fail in the marketplace. Johnson will be replaced by Mike Ullman, the man Johnson replaced in 2011. (photo by Thomas Iannaccone/AP)

18:54 // 1 year ago
10:00 // 1 year ago
March 20, 2013

That awkward moment where your company’s new VP literally steamrolled your company’s most popular product because of a business decision your company made that affected his old company. Such is the tale of former Adobe CTO Kevin Lynch, who just joined Apple after spending much of the past few years publicly bashing Apple’s stance on Flash.

10:37 // 1 year ago
March 2, 2013

Apple/Samsung trial’s damages cut in nearly half

  • $450M the amount of the $1 billion Apple-Samsung verdict that was wiped out by a U.S. District Court judge in the process of throwing out part of the patent case the two companies are drawn into. The judge, Lucy Koh, said that jurors had improperly followed her instructions regarding the damages. On top of this, Koh ordered a new trial regarding the damages. source
8:46 // 1 year ago