Apple’s Double Irish Scheme for Tax Avoidance

Turns out that Apple might be paying about 10% of its pre-tax income in taxes as compared to a 35 percent federal corporate tax rate. However, details of Apple’s tax practices indicate that there Apple engages in merely tax avoidance. Tax avoidance is not quite unlawful. There seems to be no evidence that Apple engaged […]

ExifTool: Command Line & GUI to Remove EXIF Image Metadata in Photos

Nearly all cell phones, digital cameras, and scanners insert metadata in the digital photos they capture. This is done using the Exchangeable image file format (Exif) data structure or standard. Some devices just embed the make and model of the camera. Other devices insert more extensive data such as camera settings, GPS location data, and […]

Timeline of the Airbus A350 XWB (Xtra Wide Body) Program including Orders-History

On 16-Sep-2004, Airbus top executive Noel Forgeard confirmed that Airbus had proposed a new twin-aisle mid-size aircraft to customers. This adaptation of the A350 resembled the A330 in fuselage cross-section and assembly, but with new engines, new wings, new horizontal stabilizer, and additional composite materials. For years, Airbus had publicly cast off the threat of […]

Cat Delights in Hanami (Flower Viewing) of Sakura (Cherry Blossom)

‘Tis the season for ornamental cherry blossom trees and their Sakura blossoms. The Japanese tradition of Hanami (“flower viewing”) involves enjoying the beauty of Sakura cherry blossoms. In contemporary Japan, people gather in great numbers around blossoming flower trees and revel in the outdoor parties beneath the Sakura during daytime, evening, or at night. It […]

Bladder Theory of Corporate Finance

Apple has $137 billion of cash on its balance sheet (as of 12-Feb-2013.) Microsoft has $68 billion, Google $48 billion, Cisco $45 billion, and Oracle has $34 billion. Too much cash on a company’s balance sheet is not necessarily a good thing. Large cash balances reduce shareholder value because they produce lower returns on invested […]

Raga Brindabani Sarang (Kafi Thaat)

The raga Brindabani Sarang is a Hindustani North Indian classical melodic form from the Kafi thaat. The notes Ga and dha are not used in this raga. Brindabani Sarang is generally played in the Madhyanah (around noon) and is believed to evoke the Shringara rasa, or an ambiance of romance and mysticism. The Arohana is […]

America is Fascinated by Warren Buffett

Great wealth and entrepreneurial success have always fascinated Americans. The amount of wealth that Warren Buffett has accumulated through astute investing and discipline is awe-inspiring. Countless portfolio managers, hedge fund managers, investment analysts, mutual funds, institutional pools of capital and individual investors have grown up devouring everything that’s been said or written by or about […]