Home Tag "apple"

FAANG Group Post Mixed Earnings Reports

The latest earnings reports for members of the Faang group of tech giants — Facebook, Amazon, Apple, Netflix and Google — are making what has been a winning trade for investors look more complex. Amazon blew past Wall Street forecasts on Thursday as its diversification into higher-margin cloud computing and the dominance of its online […]

The Walkbout Homestay Experience Coming January 2019

Google Still Most Valuable Brand In The World, Alibaba And Tencent In Top 10 Also

Two of the world’s biggest brands are now Chinese, this according to a new list of the world’s most valuable brands recently put out. China claimed two of the top spots for the first time. Alibaba has joined the top 10, alongside Chinese tech group Tencent, as well as stalwarts such as Google and Apple. […]

The Walkbout Homestay Experience Coming January 2019

Apple To Start Paying €13bn In Back Taxes To The Irish Government

Apple will start paying €13bn in back taxes to the Irish government from May in a move that comes 19 months after Brussels ruled that the tech giant received a quarter-century of illegal aid from Dublin through a tax scheme unavailable to other groups. The funds will be held in escrow while appeals are heard.

The Walkbout Homestay Experience Coming January 2019

Cisco Announces $25bn Stock Buyback Plan

Cisco has become the first big tech company to pass the rewards of US tax reform directly to its investors, with the announcement of a $25bn stock buyback plan. The network equipment maker has $71bn of cash held offshore, amounting to the third largest pile of unrepatriated foreign earnings of any US company, after Apple […]

The Walkbout Homestay Experience Coming January 2019

Apple Reporting Falling Iphone Sales

Apple is reporting falling iPhone sales, highlighting the need to deliver blockbuster new features in the next edition of their flagship smartphone to entice existing users to upgrade and lure new customers. Investors are forecasting that the company must deliver on this if it is to fend off rivals like Samsung Electronics who have released […]

The Walkbout Homestay Experience Coming January 2019

97 US Tech Companies File Amicus Brief Against Trump Travel Ban

97 US tech companies including Apple, Facebook and Microsoft have filed an amicus brief against US President Donald Trump and his immigration ban, stating that it affects their operations and “inflicts significant harm” on business. In the brief, the Tech companies say while they believe the federal government can and should implement targeted, appropriate adjustments […]

The Walkbout Homestay Experience Coming January 2019

Putin’s 18% VAT Stalls Uber Technologies

A law signed by Russian President Vladimir Putin in July 2016 to levy an 18 percent value-added tax on electronic goods and services provided by mostly United States based global internet giants’ starting in 2017 has begun to bite. Among the many global internet giants impacted including Apple, Alphabet, Google, Microsoft and Netflix is Uber […]

The Walkbout Homestay Experience Coming January 2019