Aug 30th, 2016

How Does Apple's EU Tax Bill Affect Its Cash Pile?

Brian White, senior analyst at Drexel Hamilton, examines the $14.5 billion tax bill awaiting Apple following a European Union probe of the company's tax agreement with Ireland and looks at how new products and upgrades can boost the company's share price. He speaks with Bloomberg's Caroline Hyde on "Bloomberg ‹GO›." White, his family and firm, do not own shares of Apple. (Source: Bloomberg)