How Apple Benefited From Last Year's Tax Cuts

The transcript discusses Apple's financial strategies, including buybacks and workforce expansion, in response to tax cuts. It explores the impact of economic challenges, such as the iPhone slowdown and trade issues with China, on these plans. The discussion also covers the implications of tax law changes on corporate strategies and the broader economic landscape. Finally, it examines future financial trends and the fulfillment of company promises, highlighting the global economic context.

What was Apple's primary strategy for utilizing its extra cash following the tax rate reduction?

• Expanding into new markets

• Stock buybacks

• Increasing dividends

• Investing in new technologies

How might economic challenges like the iPhone slowdown affect Apple's financial plans?

• They will increase their investment in R&D

• They might delay or adjust their plans

• They will increase their workforce significantly

• They will focus more on international expansion

What was a major concern of Democrats regarding the corporate tax cuts?

• The cuts would lead to increased unemployment

• The cuts would reduce international trade

• The cuts would cause inflation

• The cuts would primarily benefit shareholders

What was one of the goals of the tax law in terms of manufacturing?

• To increase exports

• To increase automation

• To encourage domestic manufacturing

• To reduce labor costs

What did Republicans claim would be the economic growth rate after the tax cuts?

• 5%

• 4%

• 3%

• 2%