Apple Inc. (NASDAQ:AAPL) in order to compete in a better way in the increasing competing in the market is also expanding its product line. On October 22 the smartphone manufacture is expected to launch its latest series of iPads that in better way will fight with the rival’s products.
The company is working on its new line of product in order to compete in a better way against rivals like Samsung Electronics and Amazon.com Inc in order to maintain market share. In this regard the smartphone firm has send invitation to media for the 22 of this month.
Apple Inc. (NASDAQ:AAPL) said in an invitation that it has still a lot to cover, along with the company official logo. The common stylized, egg-shaped apple-stalk is scattered and replicated over an attach picture in numerous colors.
The latest version of the company handset will compete against gadgets made by Samsung and Kindle Fires of Amazon.com. The new device will expected to be light weight, with upgraded processor and thinner designs. The smartphone manufacture was pressurized due to decreasing market share in past year, so the company works aggressively to boost its sales against competitors that are speedily lowering prices and increasing capabilities.
Ireland has under pressure by international authorities, which said the country should close a legal dodge that facilitate the smartphone make to save tax on $44 billion of international income, that is the Irish government initial move towards the companies that adopt themselves in such a way to that could avoid major tax.
Ireland’s finance minister, Michael Noonan, has revealed on Tuesday that the government would publish legislation to guarantee that the country register firms could not stay behind stateless due to their tax residency.
He further added that, the country government wants to provide solution to this international tax challenge, and not to become the component of the problem. This move from the Irish government appear after Dublin was pointed out this year by US Senate committee for behaving as a conduit for the smartphone manufacture’s earnings so that it could avoid huge large tax throughout the globe. The claim also said the Irish government facilitate the iPhone maker to apply a corporation tax of 2% or less from it sharply below than usual 12.5% rate. Apple Inc. (NASDAQ:AAPL) shares surged 0.56% to $37.85 in current session.
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