Trading Financial markets : Apple Inc : APPL

Long, short, Bitcoin, forex - Plenty of alternate market disuccsion.
Post Reply
User avatar
Euler
Posts: 16444
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ
Contact:

Fri Jul 01, 2016 4:16 pm

I prefer spotify

andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

Fri Jul 01, 2016 4:44 pm

Likewise - now that the Spotify price has come down to just £14.99 which allows 6 memberships on the family plan it is great value, only £2.50 each.

I don't see Apple making it in the streaming market - they had it in the era of iTunes and downloading music but they have been left behind as consumer habits have changed to streaming.

User avatar
Euler
Posts: 16444
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ
Contact:

Fri Jul 01, 2016 5:14 pm

It's a classic corporate cock up. You see a threat and worry about cannibalising your business so you don't respond. By the time you do it's too late.

User avatar
Euler
Posts: 16444
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ
Contact:

Tue Aug 16, 2016 1:29 pm

Warren has been busy. My reading of this is that he likes Apple as a brand rather than the technology.

http://blogs.wsj.com/moneybeat/2016/08/ ... shire0815/

andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

Tue Aug 16, 2016 6:15 pm

Euler wrote:Warren has been busy. My reading of this is that he likes Apple as a brand rather than the technology.

http://blogs.wsj.com/moneybeat/2016/08/ ... shire0815/
My reading of it is different - I agree it is still that he doesn't have a liking for tech but rather than Warren being involved it was one of his succession team that took the position, a relatively small position by Berkshire standards.

I think if I was building a position in one of the major tech firms with a view to future growth it would have to be Amazon over Apple every time.

User avatar
Euler
Posts: 16444
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ
Contact:

Tue Aug 30, 2016 11:40 am

That's not going to help Ireland one bit!

Apple should repay Ireland €13bn, European Commission rules

http://www.bbc.co.uk/news/business-37220799

User avatar
Dublin_Flyer
Posts: 424
Joined: Sat Feb 11, 2012 10:39 am

Tue Aug 30, 2016 3:23 pm

I think it'll drag on for years through the European courts.

The irony of the situation is the government brought in an extra tax during the recession called the Universal Social Charge which now makes up something like 4 billion (20% of the tax intake.) During the last election, many candidates got in on the basis of reducing or eliminating this tax and now they say it's too much cash to eliminate, the tax would have to be found somewhere else like 20c extra on petrol/diesel, or €1.50 on a pint, or 5% extra income tax, or 600% increase in property tax. Well there's 13 billion which would cover over 4 years of that tax, but the government don't want it!

From what I make of it, the EU is saying Ireland can hold onto the 12.5% corporate tax, but at least get companies to pay the full 12.5%, not 0.005% like Apple in 2014!

It could also be a big can of worms opened for the dept of finance/revenue here regarding other big companies. Intel, Pfizer, Google, Paypal, IBM being 5 that come to mind that have high employment here and massive turnover, I wonder will it lead to their tax records being looked into as well.

User avatar
Euler
Posts: 16444
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ
Contact:

Tue Aug 30, 2016 3:37 pm

When I worked for a large corporation, they had an item on the P&L called "burden". When I asked what that was I was told it was better if I didn't ask. That's the first time I came across profit shifting.

The trouble we have in this day and age is how do you levy an efficient taxation system on a global corporation. Other than unifying taxation and therefore unification of all other things, which the populace most clearly does not want. I have no idea how you can achieve that!

User avatar
LeTiss
Posts: 4362
Joined: Fri May 08, 2009 6:04 pm

Tue Aug 30, 2016 4:52 pm

Euler wrote:When I worked for a large corporation, they had an item on the P&L called "burden". When I asked what that was I was told it was better if I didn't ask. That's the first time I came across profit shifting.

The trouble we have in this day and age is how do you levy an efficient taxation system on a global corporation. Other than unifying taxation and therefore unification of all other things, which the populace most clearly does not want. I have no idea how you can achieve that!
That's the realms of fantasy Peter

Companies invest into locations where it's beneficial for their business. This obviously includes analysing the costs, ranging from commercial land and outlets to wages, transportation, and taxation!

Unfortunately, many western governments have prostituted themselves. They seem to turn a blind eye to the taxation of major corporations, by simply weighing the benefits their business brings to the economy vs the damage it would cause if they packed up & went somewhere else

andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

Thu Sep 08, 2016 2:00 pm

This video is well worth a watch just for the quality of production and editing:


First look: Apple 2016 Launch in San Francisco - in 107 seconds

https://www.youtube.com/watch?v=lp0jO3H0MZ8

Post Reply

Return to “Trading Financial markets”

  • Information
  • Who is online

    Users browsing this forum: No registered users and 3 guests