Apple’s second quarterly earnings report of 2017 will likely reveal the company now has over a quarter of a trillion dollars of cash stashed in the bank.
The iPhone-maker has so much cash its reserves exceed the foreign-currency reserves of the U.K. and Canada combined. During the last quarter of 2017, Apple’s money-making machine was earning $3.6 million per hour.
Three more of Apple’s suppliers say they are committed to making the switch from energy generated from fossil fuels to using 100% renewable energy to make iPhone components.
Despite Donald Trump’s plan to roll back environmental regulations, Apple Inc is continuing on with the promises it made under the Obama administration. Even though it may cost more money initially, Apple’s partners are starting to realize the change is good for business too.
Apple is reportedly planning to inject some much-needed humor into a few of its upcoming commercials after striking a deal with NBC that will see the team behind Saturday Night Live write a few ads for the iPhone-maker.
Apple has clashed regularly with President Donald Trump over a variety of issues, but one thing both sides should be able to agree on is a policy that makes Apple more cash.
That’s exactly what Citi analysts think Trump’s proposed tax reforms would do. A reduction of the U.S. corporate tax rate from 35 percent to 15 percent, and a tax of just 10 percent on a one-off repatriation of overseas cash piles, would be great for Cupertino.
While President Donald Trump gets busy gutting the Environmental Protection Agency, many of America’s largest companies plan to fight climate change without his help, including Apple.
During the reign of Tim Cook, Apple has made renewable energy and going green one of its top priorities. According to a new report, that won’t change now that there’s a new administration in the White House.
President Donald Trump is set to unveil a new government office today that’s tasked with overhauling federal bureaucracies, and he’s asked Tim Cook and other tech leaders for advice.
Even though Trump sparred with Cook on numerous issues during his presidential campaign, the Apple CEO will reportedly lend a hand to the Office of American Innovation. The new office will be led by Trump’s son-in-law, Jared Kushner, and will be tasked with making the country run more like a “great American company.”
Apple’s favorite chipmaker in Asia may be ready to move to the United States next year.
TSMC — the world’s largest contract chipmaker, and sole supplier of the A10 Fusion processor that powers the iPhone 7 — says it is weighing the benefits of setting up shop in the U.S. under President Donald Trump.