The long version of the title of this topic is: Apple paid $3.3 billion in income taxes worldwide in 2011, on $34.2 billion in before tax profit worldwide in 2011.
The above figures were quoted from The New York Times (April 28, 2012) by Tim O’Reilly in his very insightful article that I found on Google+ (see links below).
I share this article because I agree to the fact that in today’s business one has to think GLOBAL, and the story shows how Apple has worked this out so perfectly for them.
Take this Apple story as an example:
Imagine this (I use “imagine” because I am certain no one will really “consider” it): If Apple were to manufacture iPad 100% in the US, I would guess that 99% of those who now have an iPad might not have had one in the first place.
1) How Apple Sidesteps Billions in Taxes (April 28, 2012) (Link)
2) Apple’s Response on Its Tax Practices (April 28, 2012) (Link)
3) Tim O’Reilly’s article on Google+: (Link)
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