Tim Cook on Apple’s tax avoidance: ‘That’s total political crap’

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Tim would rather you not ask about taxes.
Tim would rather you not ask about taxes.
Photo: Jim Merithew/Cult of Mac

Tim Cook will sat down for a wide-ranging interview with 60 Minutes host Charlie Rose for Sunday night’s episode inside Apple HQ, and it appears that the two will have a heated exchange about Apple’s tax practice.

In a preview of the interview released this afternoon, Tim Cook defended Apple’s tax policies, noting that the company pays more taxes in the United States than anyone. Rose also prodded Cook about the company’s massive pile of cash stashed overseas, asking why the CEO doesn’t bring all that money back home.

“It would cost me 40% to bring it home, and I don’t think that’s a reasonable thing to do,” replied Cook, before launching into a rant against the US tax code that was built for the industrial age and not the digital age.

Watch the heated exchange below:

Apple’s management shake-up could make great gadgets even greater

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New titles and responsibilities in management could reshape Apple.
New titles and responsibilities in management could reshape Apple.
Photo: Jim Merithew/Cult of Mac

Apple made some promotions and tweaked the responsibilities of some of its managers Thursday. Companies do it all the time without much notice or disruption to the goods and services they create.

But this is Apple. Any change in the way it does business could ultimately change our experiences with its product. That is the point behind CEO Tim Cook shifting and shoring up duties for some of his closet managers.

‘Peak smartphone’ is why Tim Cook is so hot for switchers

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Apple CEO Tim Cook gladly welcomes Android users to make the switch.
Apple CEO Tim Cook gladly welcomes Android users to make the switch.
Photo: Roberto Baldwin/The Next Web (2014)

Apple convinced us we couldn’t live without a smartphone. Now many of us have a smartphone in hand and Apple may be facing the curse side of the blessing — finding new customers for the iPhone.

Credit Suisse recently issued a report to investors that further fuels speculation that iPhone sales will dip for the first time since Apple introduced it in 2007. The upshot: Smartphone ownership is approaching 100 percent. We’re nearing “peak smartphone.”

What happened to Apple’s faultless design?

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Are these signs of a larger design problem?
Are these things signs of a larger design problem?
Photo: Ste Smith/Cult of Mac

Unlike any other consumer electronics company, Apple has been nailing product design for decades. Jony Ive and his incredibly talented team have produced countless iconic gadgets that rivals can only dream of, and it’s the biggest reason why the company is so successful today.

Friday-Night-Fights-bug-2But there are suggestions that Apple’s design prowess is beginning to slip away. Under new leadership, Apple has rolled out a number of products — most recently the butt-ugly Smart Battery Case — that have led some fans to question various design decisions.

Are those fans right to be concerned? Is it downhill from here for Apple’s design team, or is this a whole lot of fuss over nothing?

Join us in this week’s Friday Night Fight between Cult of Android and Cult of Mac as we battle it out over those questions and more — and weigh in with your thoughts down in the comments section!

Robert F. Kennedy’s optimism lives on at Apple, Tim Cook says

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Life at Apple is great for Tim Cook.
Life at Apple is great for Tim Cook.
Photo: Jim Merithew/Cult of Mac

Tim Cook accepted the Ripple of Hope Award in New York last night. During his speech at the the benefit for the Robert F. Kennedy Center for Justice and Human Rights, the Apple CEO touched on a number of world issues, from protections for the LGBT community, to the Syrian refugee criss.

Cook also cited Robert F. Kennedy’s remarks from a 1966 speech promoting the idea that business plays an essential role in helping society solve its greatest problems. According to Cook, RFK’s ‘wonderful optimism’ is the kind of spirit that drives Apple.