The European Commission has been cracking down on tax loopholes of late, and one that has come in for particular scrutiny is the 1991 deal between Apple Inc (NASDAQ AAPL) and Ireland. It is investigating whether the agreement breaks European Union laws which prohibit state aid to companies. Both the Irish government and Apple have stated that they work in accordance with the law. Apple … Continue reading Stock Focus: Apple (NASDAQ APPL) Fearing Irish Taxes

Apple Inc (NASDAQ AAPL) is reportedly in talks with Iranian distributors about entering the country if Western sanctions on the country ease, says the Wall Street Journal, citing sources familiar with the matter. The report revealed that the senior executives of Apple held meetings with Iranian distributors at the company’s regional headquarters in London’s Hanover Street. Apple is eyeing the massive youth market in Iran … Continue reading Stock Report: Apple (NASDAQ AAPL) Looking To Sell iPhone 6 in Iran

Apple Inc (NASDAQ AAPL) surprised people when it decide to christen its wearable Apple Watch instead of iWatch. The reason behind this is because of a trademark. Back in 2008, Probendi director Daniele Di Salvo registered the iWatch as a European-wide trademark. Di Salvo explained his reasoning behind the name was “i” like a person or subject, watch as a verb. Probendi director Daniele Di … Continue reading Active Stock: Why Apple (NASDAQ AAPL) Could Not Name Apple Watch As iWatch

The new Apple Pay Service was activated more than one million time in the first 72 hours, more than all other competitors combined. In an inaugural WSJD Live conference on Monday, Apple Inc (NASDAQ AAPL) CEO Tim Cook said, “The early ramp [of Apple Pay] looks fantastic.” Apple Pay is already showcasing its potential with around one million activations, presenting problems for established players. Cook … Continue reading Apple (NASDAQ AAPL) Stock News: Apple Pay Makes It Big

Apple Inc (NASDAQ AAPL) has been experienced declining music sales in the wake of free videos and cheap music. Music sales at Apple’s Tunes have dropped 13% to 14% across the globe since the start of the year, according to The Wall Street Journal, which cites sources familiar with the matter. Free music and video downloading sites have fiercely taken over the market, hitting the … Continue reading Stock Report: Apple Inc (NASDAQ AAPL) iTunes Sales Record A Significant Drop