Is everyone misreading Tim Cook’s negative-looking facial expressions during his meeting with Donald Trump last week? Those expressions generated a lot of memes, but they may be off the mark. As Reuters notes, experts say Trump’s White House victory likely means Apple and other large U.S. corporations might get a huge tax break on $2.6 trillion in foreign profits currently held overseas. Of that $2.6 trillion, Apple has the largest share with over $200 billion stored offshore. If Trump goes through with his plan of only taxing offshore holdings 10% if a company repatriates the money, Apple could stand to save tens of billions of dollars.MG
collectionsInnovation FestivalCurrent Issue
World Changing Ideas
New workplaces, new food sources, new medicine--even an entirely new economic system.
The major tech ecosystems that battle for our attention and dollars.
What’s next for hardware, software, and services.
The brave new world of automation, from AI to drones.
How our urban centers are building toward the future.
Most Creative People
See members of our Most Creative People in Business community: leaders who are shaping the future of business in creative ways.
An award-winning team of journalists, designers, and videographers who tell brand stories through Fast Company's distinctive lens.