Go short apple MG...they are in dire straits...tough times lay ahead for them. Their products will stop selling. You gotta put in your short now while prices are artificially inflated. AAPL's P/E ratio of 16 is so bubblicious. You gotta be there to profit when it pops!
Positive BST transactions with Timbuk3, coindeuce, charlottedude.
<< <i>Go short apple MG...they are in dire straits...tough times lay ahead for them. Their products will stop selling. You gotta put in your short now while prices are artificially inflated. AAPL's P/E ratio of 16 is so bubblicious. You gotta be there to profit when it pops! >>
Thanks for the tip Coinrollhunter but AAPl is a solid Nasdaq story. Next short will be Amazon. Worked well last year and the recent pop indicates an enticing short play. Will keep you posted/
Why do you always have to attack people. Its pretty ridiculous and really tiring to read post after post of negative sentiment. Its fine to disagree with other opinions, but keep the bickering and attacks on others in other forums, not here.
Lol, u r a moron... Obviously u have no sense of humor and or sarcasm or anything else obviously, and u look to be seriously challenged I'm sure in complex problem solving, so if you don't like it or can't figure out what's written, it's probably best for You to stay out of it... Lol, hilarious... Your ignorance is noted... Lol
<< <i>Why do you always have to attack people. Its pretty ridiculous and really tiring to read post after post of negative sentiment. Its fine to disagree with other opinions, but keep the bickering and attacks on others in other forums, not here. >>
Thank you for the defense OB, but Rawteam is correct. It is a good thing that I do not run Apple, as least from an investors perspective.
If I did, the huge margins would not exist on the Iphone as at the least, final production would be in the US, with American employees. In fact when I had coin accessories produced in the last 13 years, I insisted on US made only even though the cost here was nearly double.
As Apple chief I would not have Chinese contractors like Foxconn that have to install netting around their facilities to catch the large number of workers that attempt to jump to their death as they would prefer an unknown afterlife over another shift in the wretched conditions.
Neither would I strong arm US cities and their corrupt politicians for a tax handout at the expense other businesses and residents for the honor of my presence.
How it goes generally is poor people borrow money when they don't have it and need it... The wealthy or successful borrow cheaply, most often they don't need it or are in a great financial position and know that's the best time to borrow, and can also envision making a significantly higher percentage above what their cost is...
Much of that (170 billion+) cash hoard is stashed in overseas accounts. Apple would face a hefty tax bill if they we're to repatriate the cash. As a multinational global company this is not uncommon.
MJ
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
<< <i>Much of that (170 billion+) cash hoard is stashed in overseas accounts. Apple would face a hefty tax bill if they we're to repatriate the cash. As a multinational global company this is not uncommon.
MJ >>
I get all that MJ. So what percentage of the cash hoard is overseas? Half, three quarters? 90%?
Not looking to stir things up, just seems odd that we get updated reports on the unprecedented stockpile and seemingly operational funding is still necessary.
<< <i>Much of that (170 billion+) cash hoard is stashed in overseas accounts. Apple would face a hefty tax bill if they we're to repatriate the cash. As a multinational global company this is not uncommon.
MJ >>
I get all that MJ. So what percentage of the cash hoard is overseas? Half, three quarters? 90%?
Not looking to stir things up, just seems odd that we get updated reports on the unprecedented stockpile and seemingly operational funding is still necessary.
<< <i>Much of that (170 billion+) cash hoard is stashed in overseas accounts. Apple would face a hefty tax bill if they we're to repatriate the cash. As a multinational global company this is not uncommon.
MJ >>
I get all that MJ. So what percentage of the cash hoard is overseas? Half, three quarters? 90%? >>
Less then 175 billion and more then 6.5 billion. They are a very tax efficient company as you are aware and as a share holder I'm happy about it.
MJ
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
<< <i>Much of that (170 billion+) cash hoard is stashed in overseas accounts. Apple would face a hefty tax bill if they we're to repatriate the cash. As a multinational global company this is not uncommon.
MJ >>
I get all that MJ. So what percentage of the cash hoard is overseas? Half, three quarters? 90%?
Not looking to stir things up, just seems odd that we get updated reports on the unprecedented stockpile and seemingly operational funding is still necessary. >>
almost all is overseas. They need working capital in the US to pay the dividend, buyback stock, and pay US folks. Last I heard less than $20B was in the US
<< <i>They are a very tax efficient company as you are aware and as a share holder I'm happy about it. >>
And what's your opinion as a taxpayer?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>They are a very tax efficient company as you are aware and as a share holder I'm happy about it. >>
And what's your opinion as a taxpayer? >>
Apple paid over $6.3B in taxes in the last quarter on profits after taxes of $18B. About a 25% tax rate. Seems more than fair to me. The people they paid dividends to then paid taxes on those dividends. Employees paid taxes on their wages. The company also paid into employees Social Security and Medicare funds (a tax). Suppliers paid taxes on the capital Apple paid them. App developers paid taxes on the apps they sold. When all is said and done, maybe Apple accounted for $20B in taxes paid in last quarter alone.
If they are actually paying it, 25% is more than fair. However, a 25% corporate tax rate does not sound very tax efficient.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>If they are actually paying it, 25% is more than fair. However, a 25% corporate tax rate does not sound very tax efficient. >>
so I just looked into their last 10K (annual report) and for the last 3 tax years, Apple paid between 25% and 26% each of those last 3 years.
BTW - everyone likes to jump on the oil companies for not paying their fair share of taxes. Oil/gas companies combined pay over $100B/yr in taxes. That is almost 40% of all taxes collected by the government from companies.
Does fed pay tax on any interest or gains?, the govt?, the "taxpayer" when they take over companies, lol via the govt?... All monies earned by corps are taxed every way imaginable, I don't know if u mentioned the tax on sales also... Should be zero or close to it...
<< <i>Much of that (170 billion+) cash hoard is stashed in overseas accounts. Apple would face a hefty tax bill if they we're to repatriate the cash. As a multinational global company this is not uncommon.
MJ >>
I get all that MJ. So what percentage of the cash hoard is overseas? Half, three quarters? 90%?
Not looking to stir things up, just seems odd that we get updated reports on the unprecedented stockpile and seemingly operational funding is still necessary. >>
almost all is overseas. They need working capital in the US to pay the dividend, buyback stock, and pay US folks. Last I heard less than $20B was in the US >>
<< <i>If the powers to be were smart, the corporate tax rate should be cut, not raised, it would produce jobs and growth and likely raise tax receipts. >>
That's one of those things that sounds good in theory, but probably doesn't pan out in practice.
From another poster, "Apple paid over $6.3B in taxes in the last quarter on profits after taxes of $18B. About a 25% tax rate."
So if the IRS/Guvmint was to give half of that or $3.15 billion back to Apple, do you really believe that they'd generate enough economic/employment activity to result in $3.15 billion in replacement taxes? I don't.
The fact that they're sitting on more than $175 billion in cash should clue you in that they already have more money than they know what to do with. Why would you give them more? Many large corporations are probably in a similar boat.
The other sad reality is that if Apple gave half of that $175 billion to the IRS, the Government would just waste it and the average American's lot in life wouldn't be improved one iota.
Comments
BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
<< <i>....with a Bond float.
Thought they had something like $175 billion in cash money?
Yeah I get the low borrowing cost but something does quite add up.
Text >>
And thats y u r not runnin the show glicker...
<< <i>Go short apple MG...they are in dire straits...tough times lay ahead for them. Their products will stop selling. You gotta put in your short now while prices are artificially inflated. AAPL's P/E ratio of 16 is so bubblicious. You gotta be there to profit when it pops! >>
Thanks for the tip Coinrollhunter but AAPl is a solid Nasdaq story. Next short will be Amazon. Worked well last year and the recent pop indicates an enticing short play. Will keep you posted/
<< <i>why turn down cheap money at these rates >>
Rates are only cheap if you have a better place to put it. Wonder where the $175B is?
<< <i>
<< <i>why turn down cheap money at these rates >>
Rates are only cheap if you have a better place to put it. Wonder where the $175B is? >>
Doesn't matter where it is, only matters when/where it's deployed...
<< <i>
<< <i>....with a Bond float.
Thought they had something like $175 billion in cash money?
Yeah I get the low borrowing cost but something does quite add up.
Text >>
And thats y u r not runnin the show glicker... >>
Why do you always have to attack people. Its pretty ridiculous and really tiring to read post after post of negative sentiment. Its fine to disagree with other opinions, but keep the bickering and attacks on others in other forums, not here.
BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
Obviously u have no sense of humor and or sarcasm or anything else obviously, and u look to be seriously challenged I'm sure in complex problem solving, so if you don't like it or can't figure out what's written, it's probably best for You to stay out of it... Lol, hilarious...
Your ignorance is noted... Lol
Apple global command center
<< <i>Why do you always have to attack people. Its pretty ridiculous and really tiring to read post after post of negative sentiment. Its fine to disagree with other opinions, but keep the bickering and attacks on others in other forums, not here. >>
Thank you for the defense OB, but Rawteam is correct. It is a good thing that I do not run Apple, as least from an investors perspective.
If I did, the huge margins would not exist on the Iphone as at the least, final production would be in the US, with American employees. In fact when I had coin accessories produced in the last 13 years, I insisted on US made only even though the cost here was nearly double.
As Apple chief I would not have Chinese contractors like Foxconn that have to install netting around their facilities to catch the large number of workers that attempt to jump to their death as they would prefer an unknown afterlife over another shift in the wretched conditions.
Neither would I strong arm US cities and their corrupt politicians for a tax handout at the expense other businesses and residents for the honor of my presence.
So yeah, Rawteam was right.
The wealthy or successful borrow cheaply, most often they don't need it or are in a great financial position and know that's the best time to borrow, and can also envision making a significantly higher percentage above what their cost is...
MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
<< <i>Oh, lol, funny how it went from borrowing money, to some other issues which have nothing to do with borrowing of course...lol >>
You derailed the discussion, not me.
<< <i>Much of that (170 billion+) cash hoard is stashed in overseas accounts. Apple would face a hefty tax bill if they we're to repatriate the cash. As a multinational global company this is not uncommon.
MJ >>
I get all that MJ. So what percentage of the cash hoard is overseas? Half, three quarters? 90%?
Not looking to stir things up, just seems odd that we get updated reports on the unprecedented stockpile and seemingly operational funding is still necessary.
<< <i>Much of that (170 billion+) cash hoard is stashed in overseas accounts. Apple would face a hefty tax bill if they we're to repatriate the cash. As a multinational global company this is not uncommon.
MJ >>
I get all that MJ. So what percentage of the cash hoard is overseas? Half, three quarters? 90%?
Not looking to stir things up, just seems odd that we get updated reports on the unprecedented stockpile and seemingly operational funding is still necessary.
<< <i>
<< <i>Oh, lol, funny how it went from borrowing money, to some other issues which have nothing to do with borrowing of course...lol >>
You derailed the discussion, not me. >>
Lol, I didn't derail it, you didn't comprehend what I said, that's all...
<< <i>
<< <i>
<< <i>Oh, lol, funny how it went from borrowing money, to some other issues which have nothing to do with borrowing of course...lol >>
You derailed the discussion, not me. >>
Lol, I didn't derail it, you didn't comprehend what I said, that's all... >>
LOL, sure I did. you threw out a barb that rebounded and hit you in the keaster.
<< <i>
<< <i>Much of that (170 billion+) cash hoard is stashed in overseas accounts. Apple would face a hefty tax bill if they we're to repatriate the cash. As a multinational global company this is not uncommon.
MJ >>
I get all that MJ. So what percentage of the cash hoard is overseas? Half, three quarters? 90%? >>
Less then 175 billion and more then 6.5 billion. They are a very tax efficient company as you are aware and as a share holder I'm happy about it.
MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
<< <i>
<< <i>Much of that (170 billion+) cash hoard is stashed in overseas accounts. Apple would face a hefty tax bill if they we're to repatriate the cash. As a multinational global company this is not uncommon.
MJ >>
I get all that MJ. So what percentage of the cash hoard is overseas? Half, three quarters? 90%?
Not looking to stir things up, just seems odd that we get updated reports on the unprecedented stockpile and seemingly operational funding is still necessary. >>
almost all is overseas. They need working capital in the US to pay the dividend, buyback stock, and pay US folks. Last I heard less than $20B was in the US
<< <i>They are a very tax efficient company as you are aware and as a share holder I'm happy about it. >>
And what's your opinion as a taxpayer?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>
<< <i>They are a very tax efficient company as you are aware and as a share holder I'm happy about it. >>
And what's your opinion as a taxpayer?
Apple paid over $6.3B in taxes in the last quarter on profits after taxes of $18B. About a 25% tax rate. Seems more than fair to me. The people they paid dividends to then paid taxes on those dividends. Employees paid taxes on their wages. The company also paid into employees Social Security and Medicare funds (a tax). Suppliers paid taxes on the capital Apple paid them. App developers paid taxes on the apps they sold. When all is said and done, maybe Apple accounted for $20B in taxes paid in last quarter alone.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>If they are actually paying it, 25% is more than fair. However, a 25% corporate tax rate does not sound very tax efficient. >>
so I just looked into their last 10K (annual report) and for the last 3 tax years, Apple paid between 25% and 26% each of those last 3 years.
BTW - everyone likes to jump on the oil companies for not paying their fair share of taxes. Oil/gas companies combined pay over $100B/yr in taxes. That is almost 40% of all taxes collected by the government from companies.
All monies earned by corps are taxed every way imaginable, I don't know if u mentioned the tax on sales also... Should be zero or close to it...
<< <i>
<< <i>
<< <i>Much of that (170 billion+) cash hoard is stashed in overseas accounts. Apple would face a hefty tax bill if they we're to repatriate the cash. As a multinational global company this is not uncommon.
MJ >>
I get all that MJ. So what percentage of the cash hoard is overseas? Half, three quarters? 90%?
Not looking to stir things up, just seems odd that we get updated reports on the unprecedented stockpile and seemingly operational funding is still necessary. >>
almost all is overseas. They need working capital in the US to pay the dividend, buyback stock, and pay US folks. Last I heard less than $20B was in the US >>
Thank you for the answer DBC!
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>I own a 3.5% position in AAPL.
Is that still AAPL's representation in the SP500. I recall that they were vacillating between 3 and 4% but have not checked recently.
<< <i>
<< <i>I own a 3.5% position in AAPL.
Is that still AAPL's representation in the SP500. I recall that they were vacillating between 3 and 4% but have not checked recently. >>
Not sure,
But % would have been higher had I not sold some down around 102.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
Sounds like a communist.
In fact when I had coin accessories produced in the last 13 years, I insisted on US made only even though the cost here was nearly double.
I wonder why you used the word "had"?
Knowledge is the enemy of fear
Big Oil...8-10%
Big Pharma...18%
Big Apple...55%
Big Gov't...100%
<< <i>I own a 3.5% position in AAPL.
Wow, with Apple's market cap of $692.74 Billion, your 3.5% stake is worth over $24 Billion! Wow, that's a lot of money.
Liberty: Parent of Science & Industry
<< <i>I own a 3.5% position in AAPL.
Mine is about 10 times that.
<< <i>If the powers to be were smart, the corporate tax rate should be cut, not raised, it would produce jobs and growth and likely raise tax receipts. >>
That's one of those things that sounds good in theory, but probably doesn't pan out in practice.
From another poster, "Apple paid over $6.3B in taxes in the last quarter on profits after taxes of $18B. About a 25% tax rate."
So if the IRS/Guvmint was to give half of that or $3.15 billion back to Apple, do you really believe that they'd generate enough economic/employment activity to result in $3.15 billion in replacement taxes? I don't.
The fact that they're sitting on more than $175 billion in cash should clue you in that they already have more money than they know what to do with. Why would you give them more? Many large corporations are probably in a similar boat.
The other sad reality is that if Apple gave half of that $175 billion to the IRS, the Government would just waste it and the average American's lot in life wouldn't be improved one iota.
<< <i>
<< <i>I own a 3.5% position in AAPL.
Wow, with Apple's market cap of $692.74 Billion, your 3.5% stake is worth over $24 Billion! Wow, that's a lot of money. >>
Yes that would be nice! 😊.
But what I meant was to say it is a 3.5% of the equity portfolios I manage. 😳
I give away money. I collect money.
I don’t love money . I do love the Lord God.