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Dems are liars, who now want to hold the legal citizens own government hostage and shut it down, if we don't grant permission to those that have already broken the law to get here and live here legally. yes, you read that right! Dems are holding the legal citizens government hostage over an illegally passed bill that helps illegal people that have gotten here illegally. SAD! So much for Dems working for American families and the American worker. They only work for the illegals.

Time to swear off that Kool-Aid they pass out at Fox. It can make a person forget history and lose perspective. As for Apple's plans, good on them. Does not mean that tax heist bill was good for this country, and the fact that it's not paid for yet should give us all pause.
 
*logs into Macrumors*

Surely this post won’t devolve into vitriolic political garbage without nuanced reasoning

*reads comments*

Well, hell.
 
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Donald Trump had nothing to do with it......anymore than a rooster crowing makes the sun come out in the morning.
Exactly, where do these people come from? Unreal! This was all planned years ago with Steve Jobs announcing the new location. People have really lost their minds these days. Try opening a book people! This has zero to do with the president now.. then or ever. This had to do with a company and decisions made years ago to enhance their growth in the global and yes.. shocking US market.
 
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puts up hand

"Does that mean we'll also get a new Quad Core Mac Mini?"

No we will get new single core Mac Mini's with 2" spinning drives and 2.7689 GB of soldered ram in an impenetrable steel reinforced concrete case. They will be $50 more than the old ones, except in the U.K where they will be £59 more expensive.
 
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You must be easily confused. No one predicted the tax bill would be hard on giant corporations like Apple. It’s literally a dream come true for most of them.

It’s the average person making 40k a year that is in big trouble in the long run.

Which is like 90% of the working men and women..


James
 
It was always dead. We just never noticed until there was such a controversial president/candidate. But hey, it's also sad if you look at Republicans' stances before and after Trump got the nomination.
Not all that long ago, I thought CNN was fair and balanced, and wondered why people asked me why I watch the "Clinton News Network".

Now it's so completely clear. It's become a parody of a news network.
 
Apple today also told employees that it will issue a bonus of $2,500 worth of restricted stock units following the introduction of the new U.S. tax law. Stock grants will be issued to most employees below a director level worldwide "in the coming months."

Apple could have done this anytime, they are a rich enough company to do so and still make vast profits!
 
Not accurate.
Ok, look at how people lived and what choices they had to make during the recessions vs the upswings. All I'm saying is it's an indicator, and it's something businesses act on that directly impacts everyone positively if up and negatively if down, not that the actual price increase of the Dow or some other index improves lives. The indicator can be wrong in the short term but is usually correct in the long term.
 
It's too bad the comments here are so partisan and so devoid of nuance. I'll attempt to add some:

As to the new tax bill, yes, it plays a direct role on this. Under the new bill, companies can repatriate overseas holdings for a one-time tax of 15.5%. That is new, it's aimed squarely at Apple, and it accounts for the $38B in taxes that Apple is willing to pay on these holdings. Put differently, Apple has said all along that it wanted to bring this money back to the U.S., but would do so only at a more favorable rate. Now that it prevailed, it is doing so. That $38B is a big victory for the U.S. economy.

So does this mean the new tax bill is good for America's economy and its middle class? No and no. Tax bills -- this one in particular -- are big, complex things. While the repatriation benefit was very welcome, the bill contains numerous problems, some of them quite significant. First, it provides enormous tax benefits to wealthy individuals and does so in a variety of ways. None of this is needed, as these individuals were already undertaxed by most metrics. At the same time, many (not all) in the middle class will be pinched by losing key deductions. This nonsensically makes income inequality worse, and it's a big problem already. Apart from a basic lack of fairness, income inequality hinders growth by concentrating wealth among people less likely to spend their money (and thereby create jobs). Second, the tax bill enormously inflates the deficit. This means the economy will be worse (far worse, actually) all else equal, for the next generation. It's good politics but very bad public policy to benefit current voters at the expense of future ones. Third, to the extent the tax plan provides a short term stimulus (and it will), it's improperly timed. We currently are in a "hot" economy, caused by various long-term and cyclical factors. The economy is growing and jobs are being added. Adding stimulus now increases inflation and leaves us without a mechanism for stimulus when it is needed (i.e., when the economy cools off, which also will happen within the next few years). Thus, for our feast now, we must endure a harder famine later.

Since this stuff is inherently political, it should be noted that it's very possible to argue for lower corporate taxes, a reasonably low repatriation tax (at least on occasion) and *higher* taxes on wealthy individuals. There are even solid metrics on how this should work, i.e., what those taxes can look like before incentives to develop wealth are reduced. There's no contradiction between saying overall that this tax plan is deeply problematic, and acknowledging that it will lead to some positive things along the way. Unfortunately, those passing the bill understood that most of the problems will be felt after they leave office.

For the above reasons, the tax bill is much better for Republicans politically than it is for the U.S. economy, and everyone in Washington knows that. At the same time, Apple's announcement is good news and should be celebrated. We should be able to walk and chew gum at the same time.
 
Doesn't take much common sense to see correlation.

Correlation ≠ causality
These numbers are completely in line with past trends of Apple's growth.
You can only claim that if the tax reform creates a measurable change in growth patterns
 
What cities would be in the running for this second campus? Another peripheral city in Silicon Valley? Austin? Boston? Atlanta? NYC? Toronto? Vancouver? Something out of the left field like Tim Cook's beloved Mobile, AL?
 
Time to swear off that Kool-Aid they pass out at Fox. It can make a person forget history and lose perspective. As for Apple's plans, good on them. Does not mean that tax heist bill was good for this country, and the fact that it's not paid for yet should give us all pause.
Tax heist? It’s a combination of tax cuts and tax increases. In the grand scheme of things it improves the competitiveness of the US. Even Obama thought the corporate tax rate should be lower than what it was.
 
I just want a bigger dividend check so I can upgrade from the Model S to a Model X.
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Create 20,000 jobs sure sounds to me like bringing manufacturing back to the US unless these 20,000 people will be hired to design new emojis.

The article did say the new location would initially be for tech support. So ...
 
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Most individuals are getting a tax cut (though many Apple employees in California are not). Don’t worry about the “temporary” nature. The 2003 tax cuts need were “temporary” and almost all of them were made permanent. It will be the same with these cuts, no matter who wins the next few elections. If anything they may expand the individual income tax cuts by restoring some of the deductions or raising the income thresholds.
[doublepost=1516225440][/doublepost]Apple hit a record high today.
 
Wow, a full $2500?

I guess that could be great for store employees, but as a programmer, that'd be a disappointingly small bonus.

And it's restricted, no less, which means you can't even sell it when it's most valuable (today). Through no fault of the people getting this bonus (the non-executives), management seems like they're on course to bring the company down.
 
Wow, a full $2500?

I guess that could be great for store employees, but as a programmer, that'd be a disappointingly small bonus.

And it's restricted, no less, which means you can't even sell it when it's most valuable (today). Through no fault of the people getting this bonus (the non-executives), management seems like they're on course to bring the company down.

Its additional. Then again, if you think an additional $2,500 worth of stock isn't a lot on top of your current compensation package....can't help you.
 
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Exactly, where do these people come from? Unreal! This was all planned years ago with Steve Jobs announcing the new location. People have really lost their minds these days. Try opening a book people! This has zero to do with the president now.. then or ever. This had to do with a company and decisions made years ago to enhance their growth in the global and yes.. shocking US market.
Did you even read the article? So much of the plan isn't even about Jobs' announcement, but even then, the conditions have to be right for Apple to make such an investment. A lot of this is finally happening exactly because of the new tax bill.
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Tim is trying to cover up the awful Apple's human rights news that the media has been reporting lately and the iPhone throttling fiasco
Yes, I'm sure they threw together a plan to spend billions of dollars in a matter of weeks because of some bad press.
 
Wow, a full $2500?

I guess that could be great for store employees, but as a programmer, that'd be a disappointingly small bonus.

And it's restricted, no less, which means you can't even sell it when it's most valuable (today). Through no fault of the people getting this bonus (the non-executives), management seems like they're on course to bring the company down.
Let Democrats run on that in the fall. They’ll lose the election for sure.
 
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What if someone hacked into your bank account, stole every dollar of your savings, and then handed out all of it in one thousand dollar increments to homeless people. That sure would be a good thing for those homeless people, right?

The point I'm making is that because something awful helps some people doesn't necessarily make it a good thing that should happen. This tax bill is most definitely going to help some people, the problem is at what cost.

Horrible example. Apple did not steal from anyone. It was their money from the start. They earned it, and they are choosing to reinvest and earn more by hiring more people. To the contrary, it is the government who has the sticky fingers.

Please explain to me how the government taking less of the money they did not earn harms you. It is not their money.
 
Did you even read the article? So much of the plan isn't even about Jobs' announcement, but even then, the conditions have to be right for Apple to make such an investment. A lot of this is finally happening exactly because of the new tax bill.
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Yes, I'm sure they threw together a plan to spend billions of dollars in a matter of weeks because of some bad press.
lol no I just comment without reading.. which is exactly what I said to do. Good grief you guys really need to get out more.
 
And where did he get the ideas for what he allegedly was pushing for? Certainly not from Steve Bannon. Or himself as he once pushed for a 14% wealth tax. This tax bill was standard Republican orthodoxy.

...still waiting on proof.

If by standard Republican orthodoxy you mean the government letting people keep more of the money they earn, then yes.
 
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