The Apple Online Store has gone down ahead of today’s media event, where we’ll see a new iPad Air and iPad mini, along with public launches of OS X Yosemite and iOS 8.1.
Morgan Stanley has good reason to believe that investing in Apple shares is probably a wise idea right now, adding the company to its “Best Ideas” list for stock investments. In a note to investors, analyst Katy Huberty predicted that Apple shares are “set for significant upside” due to high profit margins on the iPhone 6 and iPhone 6 Plus.
In September, following the unveiling of iPhone 6 and Apple Watch, Apple announced that it was giving away U2’s newest album, “Songs of Innocence” for free to over 500 million iTunes users.
Some people were upset when they found out that the album was automatically downloaded on their iOS devices, which led Apple to release a tool to help some remove it.
Following a report yesterday evening that claimed Ireland could be set to close its so-called “Double Irish” tax loophole that has saved Apple billions of dollars over the past two-plus decades, the Irish government on Tuesday announced that the country would in fact be phasing out the tax breaks for companies by next year. But, the party isn’t over yet.
Apple Stores could soon begin providing service for all Beats Electronic products and accessories, including headphones and speakers, based on what appears to be an internal memo reportedly sent to authorized Apple Service Providers in Greece. The move would make sense given Apple’s recent $3 billion acquisition of Beats in May.
Reuters on Monday, citing two sources familiar with the matter, reports that Ireland is set to phase out the so-called “Double Irish” corporate tax loophole that enabled Apple, Google and other companies to save billions of dollars over the past several years. The decision comes just weeks after the European Commission launched an investigation into Ireland providing companies with illegal state aid through these tax deals.