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Apple pays more because its makes the most money of any corporation on its ubiquitous products that are best sellers around the world. Two-thirds of Apple's revenue comes from overseas, says Cook. Like most US multinational corporations, Apple keeps that overseas income in foreign subsidiaries, to avoid US taxes. Cook says he would "love to" repatriate it but he can't "because it would cost me 40 percent [in taxes] to bring it home. And I don't think that's a reasonable thing to do," he says. "This is a tax code, Charlie, that was made for the industrial age, not the digital age. It's backwards. It's awful for America. It should have been fixed many years ago. It's past time to get it done."Rose interviewed Cook before last month's terror attacks in Paris, in which the attackers used encrypted messages to communicate with each other. He told "60 Minutes" his stance on letting the government have a window into its customers' private communications has not changed since those attacks. Unless served with a warrant, private communication is private and a back door for the government for national security is not the solution.
"There have been people that suggest that we should have a back door, But the reality is if you put a back door in, that back door's for everybody, for good guys and bad guys," he tells Rose, "I don't believe that the trade off here is privacy versus national security, I think that's an overly simplistic view, We're America, We should have both," says Cook, This story originally posted as "Apple CEO calls overseas tax rap iphone case w card holder 'political crap'" on CBSNews.com, The tech giant's CEO rejects the idea that his company is scheming to pay little or no taxes on its overseas revenues..
The CEO of Apple, the world's biggest and richest company, says the notion that his company is avoiding taxes on overseas profits is just "political crap" coming from politicians who refuse to change an antiquated tax code. Charlie Rose, contributor to "60 Minutes" on CBS, conducts a wide-ranging interview with Tim Cook in which the Apple CEO also addresses his company's other hot-button issues, including encryption technology and manufacturing products in China. (Editors' note: CNET is owned by CBS.).
The special edition of the Galaxy Note 5 with 128GB of storage is available only on Samsung's stomping grounds, Samsung's probable aim with the new version of its phone is to woo buyers who were disappointed with the standard Note 5, which is limited to 64 gigabytes and lacks the option to add more storage via an SD card, The new Note 5 with its 5.7-inch display and stylus could offer more competition to Apple's iPhone 6S Plus, which already comes in a 128GB version and features a 5.5-inch display, However, the Winter iphone case w card holder Edition would have to reach consumers beyond South Korea to provide much of a boost to Samsung's sluggish sales..
Expanding the amount of onboard storage is important as mobile apps multiply and more people house hundreds and sometimes thousands of photos and videos on their phones. Storing items in the cloud is always an option, but you need a Wi-Fi connection to access them or must rely on cellular access, which then eats into the available data on your mobile plan. Samsung didn't reveal if or when the new Note 5 might wend its way to other countries. The company didn't immediately respond to CNET's request for comment.
In the meantime, Samsung is pushing other deals for South Korean customers, Galaxy Note 5 buyers will receive a free wireless charger, while those who iphone case w card holder pick up a Galaxy S6 or S6 Edge+ will get a Samsung Gear VR headset at no cost, (Via Sammobile), The special edition of the phone is available only in South Korea, though, at least for now, Samsung is finally offering a 128GB edition of its Galaxy Note 5, though you'll have to shop in South Korea to grab one, On Friday, Samsung announced the Galaxy Note 5 Winter Edition with 128 gigabytes of onboard storage, Priced at 999,900 Korean won (around $843), the new Note 5 will be sold through South Korean carriers SK Telecom and KT Corp and will be available in either Gold Platinum or Silver Titanium..
With only a few weeks of sales behind it, the BlackBerry Priv seems to be off to a good start. The device, which retails for $700, reportedly sold out on Amazon a few hours after the company launched it. There are also reports that it has sold out online at major retailers Walmart and Best Buy. With its quarterly earnings report Friday, BlackBerry offered its own first hint on the progress of its marquee smartphone. "The initial 30 days of sales has been quite positive," BlackBerry CEO John Chen said during a conference call with investors. "I don't want to overhype things. It's an expensive phone."BlackBerry's core audience of government agencies and big corporate customers, Chen said, is still very interested in its product plans. The Priv, with its focus on security and privacy, speaks directly to that audience.
BlackBerry didn't break out specific sales numbers for the Priv, With only a month of sales behind it, though, the device likely hasn't yet had a major effect on overall device sales, The company reported during its conference iphone case w card holder call that it sold a total of 700,000 handsets in the quarter, about half the number it sold during the same quarter a year ago, That's also a decline from the 800,000 devices sold in the third quarter, The company said the average sale price of these devices was higher this year: $315, compared to $240 last year..