MacRumors

60 Minutes has shared a preview of Tim Cook's latest interview with journalist Charlie Rose, in which the Apple CEO emphatically counters the idea that Apple has created elaborate schemes to pay little or no U.S. corporate taxes on its overseas revenue.

Cook described the tax avoidance accusations as "total political crap," and deflected blame on the U.S. tax code for being far outdated. He added that repatriating the money in the U.S. is not "a reasonable thing to do" due to high corporate tax rates.

Rose: You also have more money overseas probably than any other American company. […] Why don’t you bring that home?

Cook: “It would cost me 40% to bring it home, and I don’t think that’s a reasonable thing to do. This is a tax code that was made for the industrial age, not the digital age. It’s backwards. It’s awful for America. It should have been fixed many years ago. It’s past time to get it done.”

Rose: Here’s what they concluded: “Apple is engaged in a sophisticated scheme to pay little or no corporate taxes on $74 billion in revenue held overseas.”

Cook: “That is total political crap. There is no truth behind it. Apple pays every tax dollar we owe."

Apple's tax policies have been closely investigated over the past few years in Europe. Earlier this year, for example, Italian regulators accused Apple of booking profits generated in the country through an Irish subsidiary in an effort to lower its taxable income base and save nearly 900 million euros from 2008 through 2013. The investigation was completed in March 2015.

The European Commission began an investigation of Apple's tax policies in June 2014, and the Brussels-based executive body formally accused the company of receiving illegal state aid from Ireland in September 2014. The commission has since requested more information from Apple, likely delaying a decision in the tax probe until at least after the Irish elections in early 2016.

Apple is said to utilize multiple foreign subsidiaries in Ireland to move around overseas money, which Cook says accounts for two-thirds of Apple's revenue, without being subject to high corporate tax rates in the U.S. and elsewhere. Apple has consistently denied any wrongdoing, and Ireland vows to take the European Commission to court over any negative ruling.

Cook's wide-ranging interview will also touch upon encryption technology and manufacturing products in China. In the same episode, Rose will also offer a rare inside look at Jony Ive's "secret design studio" at Apple's headquarters in Cupertino, California. 60 Minutes airs on CBS this Sunday, December 20 at 7:30 p.m. Eastern Time and 7 p.m. Pacific Time.

Note: Due to the political nature of the discussion regarding this topic, the discussion thread is located in our Politics, Religion, Social Issues forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.

Target is in early stages of developing its own mobile wallet solution that could launch as early as next year, according to Reuters. The fourth-largest U.S. retailer is leaning towards using QR code technology for the payments app, rather than NFC, enabling customers to purchase goods by scanning a code at checkout akin to Walmart Pay announced last week.

The retailer reportedly plans to integrate the mobile wallet into its existing app available on iOS and Android, and will directly link customers' credit cards for payments. The wallet will likely support both Target's Red store credit and debit cards and ones from other issuers. Target does not currently accept any mobile wallets in it stores, but does support Apple Pay in its iPhone and iPad app.

Target's plans to launch its own mobile wallet raise questions about its commitment to rival payment platforms. A company spokesperson confirmed that Target remains an active member of the Merchant Customer Exchange, a consortium of retailers developing the payments system CurrentC, and the retailer is also exploring additional mobile wallet solutions, according to the report.

Target CEO Brian Cornell said in May that the retailer is "open-minded" about supporting Apple Pay or other payment services after upgrading its point-of-sale systems with chip-and-PIN card support, but the company has not announced any specific plans since. A few other MCX retailers including Best Buy and Rite Aid have already reversed course and started accepting Apple Pay this year.

Apple today was hit by a class action lawsuit from iPhone 5 and 5s users on AT&T's network. The lawsuit alleges that the Cupertino company knowingly concealed a defect in the iPhone 5 and 5s that caused the devices to use LTE data even when connected to a Wi-Fi network.

In September 2012, some iPhone 5 users noticed the bug after finding that they were going through more data than usual. Shortly after the issue came to light, Apple and Verizon issued a fix for the bug, with Verizon confirming that users affected by the bug would not be charged for their data use.

However, according to an investigation by law firm Hagens Berman, Apple and AT&T never issued a fix nor did they acknowledge the defect. The firm and plaintiff Thomas Palmer believe that Apple should not have kept the fix from AT&T customers, and that the company failed to address the issue even as it released iOS 7 and the iPhone 5s.

We believe Apple should not have withheld this repair for AT&T Wireless subscribers for any period of time. By withholding this information and repair, consumers were unaware of the defect and were left to sort out high cellular data charges with their wireless carriers.

Specifically, the law firm says the defect occurred when a user streamed "high volumes of data" for 10 to 20 minutes. In this case, the GPU would take over all video decompression, decoding and presentation to the display. Because of this, the CPU was not needed and would go to "sleep" to conserve battery life. When the CPU went to sleep, the defect caused both the iPhone 5 and 5s to switch from streaming data via Wi-Fi to LTE.

Apple doesn't often let outsiders into its secret design lab headed up by Jony Ive, but the company invited journalist Charlie Rose to tour the facility earlier this year. Footage from that trip is set to air this Sunday, December 20, on popular show 60 Minutes.

Teasers for the episode were revealed in a tweet from the 60 Minutes Twitter account this evening, depicting Charlie Rose alongside Jony Ive. The episode will also include a discussion with retail head Angela Ahrendts about Apple's "store of the future" and the company's retail plans.

Charlie Rose has done notable interviews with Apple executives in the past, including Jony Ive and Marc Newson in 2013 and Tim Cook in 2014.

Apple today announced a new partnership with China UnionPay, which will see Apple Pay expanding to China in early 2016. Through the partnership, China UnionPay cardholders will be able to use their bank cards with Apple Pay on the iPhone, Apple Watch, and iPad (within apps).

"Apple Pay has revolutionized the way millions of people pay every day with their iPhone, Apple Watch and iPad," said Eddy Cue, Apple's senior vice president of Internet Software and Services. "China is an extremely important market for Apple and with China UnionPay and support from 15 of China's leading banks, users will soon have a convenient, private and secure payment experience."

Apple Pay in the country will work with the China UnionPay Quickpass, an existing contactless payment service. Customers will be able to hold an iPhone or Apple Watch near a UnionPay QuickPass-enabled point-of-sale terminal to make a payment at participating stores.

Reaching a deal to bring Apple Pay to China has been a priority for Apple, given China's increasing importance to the company. A partnership between Apple and China UnionPay was first hinted at in February, when the first iOS 8.3 beta introduced support for the China UnionPay network. Talks reportedly stalled later that month, but in the weeks ahead of today's announcement, rumors pointing towards a deal picked up.

A recent rumor has suggested Apple is aiming to launch Apple Pay in China before February 8, 2016, which marks the start of Chinese New Year. According to Apple's press release, the service will be available following "relevant tests and certification" required by Chinese regulators.

The United States Federal Communications Commission yesterday sent letters to T-Mobile, AT&T, and Comcast questioning the companies about mobile services that allow customers to access certain content without paying for the data usage, reports Bloomberg. While the FCC has been careful to note the inquiry is "not an investigation" and designed to help the FCC "stay informed as to what the practices are," there have been some questions about whether such services violate net neutrality rules.

Under scrutiny is T-Mobile's Binge On program, which allows customers to stream 480p video that doesn't count against a data cap, AT&T's Sponsored Data program that lets AT&T customers view sponsored content for free, and Comcast's Stream TV, a video service that does not count against data caps in areas where data caps are imposed. Ars Technica has uploaded a copy of the letters that were sent to the three companies.

Back in February, the FCC voted in favor of new net neutrality rules preventing Internet providers from blocking or throttling web traffic or offering prioritized service for payment, but it has not specifically addressed these "zero-rating" data exemption programs. Last month, FCC chairman Tom Wheeler said the organization would keep an eye on T-Mobile's Binge On service, but praised it as being both "highly innovative and highly competitive."

In a statement, a T-Mobile spokesperson said the company is "looking forward" to talking with the FCC, and believes Binge On is "absolutely in line with net-neutrality rules." Comcast expressed a similar sentiment, stating it looks forward "to participating in the FCC's fact-gathering process relating to industry practices." An AT&T spokesperson said AT&T is committed to "innovation without permission" and expressed hope the FCC is too.

The FCC has requested "relevant technical and business" representatives from T-Mobile, AT&T, and Comcast be made available for discussions by January 15.

Note: Due to the political nature of the discussion regarding this topic, the discussion thread is located in our Politics, Religion, Social Issues forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.

Apple today seeded the first beta of an upcoming iOS 9.2.1 update to its public beta testers, with the software being made available just a day after the first developer beta of iOS 9.2.1 launched. The iOS 9.2.1 beta comes a week and a half after the public release of iOS 9.2, the second major update to iOS 9.

Beta testers who have signed up for Apple's beta testing program will receive the iOS 9.2.1 update over-the-air after installing the proper certificates.

Those who want to be a part of Apple's beta testing program can sign up to participate on the company's beta testing website, which gives users access to both iOS and OS X betas.

The first developer beta of iOS 9.2.1 revealed no significant outward-facing changes, suggesting iOS 9.2.1 is a minor update that will focus on under-the-hood performance improvements and bug fixes to address issues discovered since the release of iOS 9.2.

Apple has announced an executive shakeup today that sees Jeff Williams promoted to Chief Operating Officer and marketing chief Phil Schiller taking over App Store leadership across all Apple platforms.

Williams, who joined Apple in 1998 as head of worldwide procurement, becomes Apple's fourth C-level executive alongside CEO Tim Cook, Chief Financial Officer Luca Maestri and Chief Design Officer Jony Ive.

As vice president of operations since 2004, his responsibilities included overseeing Apple's supply chain, service and support, and the company's social responsibility initiatives protecting its employees worldwide. He also continues to supervise development of the Apple Watch and ResearchKit.

Cook called Williams "hands-down the best operations executive I’ve ever worked with."

“We are fortunate to have incredible depth and breadth of talent across Apple’s executive team. As we come to the end of the year, we’re recognizing the contributions already being made by two key executives,” said Tim Cook, Apple’s CEO. “Jeff is hands-down the best operations executive I’ve ever worked with, and Johny’s team delivers world-class silicon designs which enable new innovations in our products year after year.”

Apple's COO position had been vacant since Cook was named CEO in August 2011.

Schiller's expanded role will be focused on strategies to extend Apple's ecosystem across iPhone, iPad, Mac, Apple Watch and Apple TV, alongside his traditional marketing responsibilities. App Store leadership previously belonged to Apple services chief Eddy Cue, who continues to oversee the iTunes Store, Apple Music, Apple Pay, Apple Maps, iAd, iCloud, iWork apps and more.

Cook continued, “In addition, Phil is taking on new responsibilities for advancing our ecosystem, led by the App Store, which has grown from a single, groundbreaking iOS store into four powerful platforms and an increasingly important part of our business. And I’m incredibly happy to welcome Tor Myhren, who will bring his creative talents to our advertising and marcom functions.”

Apple also announced that Johny Srouji is joining the company's executive team as Senior Vice President for Hardware Technologies, and that Grey Group chief creative officer Tor Myhren will join Apple in the first calendar quarter of 2016 as Vice President of Marketing Communications, reporting to CEO Tim Cook.

Srouji joined Apple in 2008 to lead development of the A4 chip, and now oversees the company's silicon and hardware technologies, including batteries, application processors, storage controllers, sensors silicon, display silicon and other chipsets across Apple's entire product line. He previously worked at Intel and IBM in the areas of processor development and design.

Myhren will be responsible for Apple's advertising and marketing communication efforts across a range of creative disciplines, including video, motion graphics, interactive web design, packaging and retail store displays. The experienced advertising executive will succeed Hiroki Asai, who is retiring after 18 years in graphic design and marketing communications roles at Apple.

Update: While Williams is often described as "Tim Cook's Tim Cook," The Wall Street Journal has learned that his new COO title is more about formalizing a role he had within Apple, as opposed to grooming him to be the next Apple CEO.

A senior executive at the company, who declined to be identified, said the move isn't necessarily a sign that Mr. Williams is the heir apparent to Mr. Cook and that many members of the current executive team have what it takes to be the future CEO. The new title formalizes a role that Mr. Williams has been playing inside the company, the executive said.

The leadership changes are reflected on Apple's executive profiles page.

The NFL has solicited Apple and other digital companies, including Amazon, Google and Yahoo, about streaming the full "Thursday Night Football" schedule online on a non-exclusive basis next season, according to SportsBusiness Daily.

The league also sent bidding proposals to CBS, ESPN, Fox, NBC and Turner Sports for traditional TV rights to the "Thursday Night Football" package, which is currently split between CBS and the NFL Network for the ongoing 2015 season.

The league’s initial plan would have the digital streams serve as a simulcast of the television production -- with the same ads and in-game production features. […] It is not clear how much the league is expecting to make from the streaming rights, but several sources said the digital streams would not diminish the TV rights fee, especially if the digital streams carried the same advertising.

While there is no certainty that Apple is interested in the NFL's digital rights, online streaming is inevitably the future of sports broadcasting as more cable subscribers cut the cord. NFL offers a live streaming app Game Pass, but it does not include "Thursday Night Football" and its selection of games is limited compared to rival platforms such as MLB At Bat, NBA League Pass and NHL GameCenter.

Yahoo could be a frontrunner to secure the digital rights, having paid an estimated $15 million to exclusively live stream a 2015 regular season game between the Buffalo Bills and Jacksonville Jaguars at London's Wembley Stadium. Yahoo said it saw 33.6M streams of the game and up to 15.2M unique viewers tuned in to the live stream on the web, tablets and smartphones.

CBS currently produces all sixteen "Thursday Night Football" games, anchored by sportscasters Jim Nantz and Phil Simms, as part of its estimated $300 million NFL deal. NFL Network simulcasts the games and carries eight games exclusively as part of its current partnership with CBS, which began in the 2014 season. Most games kick off at 8:25 p.m. Eastern Time.

Apple's streaming music service Apple Music will have 8 million subscribers by the time 2015 comes to a close, according to music business analyst Mark Mulligan (via Music Business Worldwide). Mulligan also forecast that Apple Music should hit 20 million total users by around this time next year, ultimately making it the second most popular streaming music service behind Spotify.

“Apple might not have found the subscription market quite the plain sailing it had anticipated but it has still managed to establish itself as the second player with astounding pace. Its platform and marketing assets are well known, but its clear commitment to making Apple Music work have surprised some."

As Mulligan pointed out, however, the exact numbers in his prediction can vary as we head into the new year. With Apple Music's three-month free trial that could have led to some accidental paid subscribers and Spotify Premium's $1 a month three-month trial system, the analyst stated that there are enough "wildcards" in the equation to unbalance his prediction.

If the analyst's estimation of 8 million Apple Music subscribers by the New Year becomes true, that would be about 1.5 million growth during the fall, after Tim Cook confirmed the service had 6.5 million in October. Normally $10/month, Mulligan believes if Apple has trouble with getting subscribers to stick around, they could return to convincing record labels in lowering that monthly cost.

“If Apple finds growth tough going, expect it to throw everything it has got at getting the labels to agree to lower price point products so it can open up large chunks of the iTunes music customer base.”

In the meantime, Apple is pushing Apple Music onto more supported third-party products, including a beta for Sonos speakers that brought support for the streaming music service onto the speakers for the first time. The Cupertino company is also still dealing in exclusives, recently announcing a project with Taylor Swift that will include a made-for-Apple Music concert film debuting on the service this Sunday, December 20. Recently, Apple began rewarding its retail workers with gifts for the holidays, which included a free nine-month subscription to Apple Music.