Apple CEO Tim Cook Addresses Apple Tax and Apple Car Rumours in '60 Minutes'

In what looks like tabloid television far more reminiscent of Donald Trump's type of recent baiting of Amazon CEO Jeff Bezos regarding tax evasion tactics and The Washington Post, CBS program '60 Minutes' shows journalist Charlie Rose accomplishing the impossible. Apple CEO Tim Cook, who is usually calm and cool, displays ire after repeated prodding by Rose. The bone of contention being the tax dodging slant laid on Apple by a Pulitzer Prize-winning story in the New York Times and brought to fore in the interview by Rose.

Cook explains with emphasises:. "This is a tax code, Charlie, 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."

However, Rose insisted by using the Senate subcommittee's 2013 report: "But here's what they concluded. Apple is engaged in a sophisticated scheme to pay little or no corporate taxes on $74 billion in revenues held overseas."

Which brought out the heat in Cook: "That is total political crap. There is no truth behind it. Apple pays every tax dollar we owe."

In this same interview, Rose tried to get the Apple leader to shed light on the long-rumoured existence of plans for an Apple car. Similar to rumours of Apple moving into developing an Apple TV, speculations have been running wild about Apple going into automotive development.

Rose dives right in and asks: "How hard is it to say Apple will be in the car business... But OK, how hard is it to say yes we've done this, we're looking it, we may very well go there, how hard is that?"

Cook simply laughs off the question: "One of the great things about Apple is we probably have more secrecy here than the CIA."