Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Zen Dollar Round who wrote (136925)	7/2/2012 1:54:59 AM
From: Sr K	1 Recommendation Respond to of 213183

They get to deduct it in the year that ended 6/30.

To: Zen Dollar Round who wrote (136925)	7/2/2012 2:16:29 AM
From: Cogito	1 Recommendation Read Replies (3) \| Respond to of 213183

The $60 million is pocket change to Apple, but I'm still sorry they had to pay it. Yes, they can afford the 60 million, but it's not an insignificant amount of money. They'll have to sell a whole lot of iPads in China to make it back. On the other hand, they'll probably will sell a whole lot of iPads in China.