|SEN PAUL:||I don’t know of anybody on this panel who tries to maximize their tax burden. I mean my question for Mr. Harvey : Do you take any deductions on your taxes?|
|MR. HARVEY:||Obviously I do.|
|SEN PAUL:||Do you choose to maximize your tax burden or minimize your tax burden?|
|MR. HARVEY:||Uh minimize it.|
|SEN PAUL:||Do you think you’re a bad person for doing that?|
|MR. HARVEY:||Absolutely not.|
"Instead of Apple executives we should have brought in here a giant mirror," he added. "Congress should be on trial here for creating a byzantine tax code.” -Rand Paul
It’s hilarious to watch the Senate being angry at Apple for not paying enough taxes. U.S. congress yells, “We created those loopholes only for our donors and contributors, not for you!”
in the early days of Apple Inc, Steve Jobs would occasionally sign computer chips, attach them to Apple stationery and send them out randomly to Apple fans
— Steve Jobs
"This was a very typical time. I was single. All you needed was a cup of tea, a light, and your stereo, you know, and that’s what I had." - Steve Jobs
That coffee you’re drinking while gazing at your iPad? It cost more than all the electricity needed to run those games, emails, videos and news stories for a year.
The annual cost to charge an iPad is just $1.36, according to the Electric Power Research Institute, a non-profit research and development group funded by electric utilities.
By comparison, a 60-watt compact fluorescent bulb costs $1.61, a desktop PC adds up to $28.21 and a refrigerator runs you $65.72.
» via Yahoo! News
An interesting article about Apple and Google’s falling apart, an excerpt below:
Maps added to the rancor. That same year, Apple executives including Mr. Schiller sat down with Google executives, including Vic Gundotra, then a vice president in charge of Google’s mobile apps, to renew the agreement over the iPhone’s mapping app.
New tensions emerged when Apple grew concerned that Google was aggressively gathering data from the app, according to people familiar with Apple’s thinking. Mr. Schiller worried it could compromise users’ privacy, these people said.
Google executives felt Apple was unreasonable in insisting on controlling the look of the maps app and enabling only some of its features—like an “a la carte menu” where Google provided only the “back end” technology that powers it, according to a Google executive.
The two sides bickered over a Google Maps feature called Street View, which lets people see an actual photo as if they are standing in the street. Apple wanted to incorporate Street View on the iPhone just as Google already offered it for Android phones. Google initially withheld the feature, frustrating Apple executives, according to people on both sides of the debate.
Apple executives also wanted to include Google’s turn-by-turn-navigation service in the iPhone—a feature popular with Android users because it lets people treat their phones as in-car GPS devices. Google wouldn’t allow it, according to people on both sides. One of these people said Google viewed Apple’s terms as unfair.
Overall, the fight is looking to be bloody. When google decided to encroach on Apple with the release of Android, they opened up a few floodgates. Namely:
- Mobile Ads: Apple’s movement into mobile ads seems to be a retaliatory response
- Siri: Indirectly attacks google’s search functionality by changing user behavior with searching (by encouraging users to use voice commands for search instead of google)
- Apple’s New Mapping Feature: Apple’s new default mapping feature will affect more than just directions. It means that Google Offers will get faded out (which in many ways is symbiotic with with the location based features).
Controlling the mobile search market is very valuable - I’m not yet convinced that the development of Android was worth the cost of controlling the entire mobile search and ad market which Apple was willing to concede to google prior to the development of Android.
An Apple commissioned study by the Analysis Group (and their department of boring names) estimates that Apple has created roughly 514,000 jobs in the USA.
Half-a-million might seem large, but when you consider the infrastructure required to deliver $500 billion in value the estimate seems conservative.