Apple must face the reality that its unique competitiveness is gradually diminishing.
Trump lowers royalties, and Apple creates jobs. However, one is not necessarily linked to the other.
In truth, Apple is not making any kind of sacrifice.
They are the most valuable corporations in the world: Apple, Google parent Alphabet, Microsoft, Amazon and Facebook. Their market value of a roughly combined $3.4 billion corresponds to Germany’s yearly economic output.
These so-called superstar corporations occupy such a dominant position in their sector that [Read more]
At the moment, any threat of a headwind for the dominant technology stocks appears to largely stem from regulatory authorities.
What is remarkable is that nobody from the top Silicon Valley firms called out the obvious hypocrisy.
The paper with the tax proposal is only one page long, but it is an affront to Europe; if Trump's tax ideas ever become reality, economic policy would change throughout the world.
Donald Trump's tax initiative would also change Germany's economic policy. At least, if it ever comes to fruition. U.S. companies in [Read more]