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may be effectively low-balling the rate. according to apple s own sec filings the rate could actually be higher. effective rate could be just where everybody else is in the corporate world, around 20%. jamie: talk about how they do that i ve been reading how apple s doing something by picking subsidiaries in different locations and that helps them avoid it. is that something all businesses can do? reporter: yes, all businesses can do that. apple s app so to speak to lower their tax bill is to use offices in places like nevada to avoid california s high income taxes there on corporations. and also to use offshoring, meaning to use lower tax regimes overseas in order to lower its tax bill. now microsoft, cisco, harley-davidson and a number of companies use these same moves. so the debate now, jamie, is, how do you get the $700 billion that is estimated in cash that is parked overseas, that corporations have overseas, how do you get it
morris recently stopped by to translate and put everything into simple terms that all of us can understand. first on the list, the hottest new video game. we all saw what gadgets and video games looked like back in the 1 0s sat back with a bag of chips on your chest and play video games like this. which is how i still play. nintendo wii play tennis from the couch. now microsoft s project natal we will see by christmas this year. doesn t look that crazy and sexy on the screen because everyone has an x box. what it does is attaches to current x box and gets you off the couch. so governor, stand up. mike: okay. imagine you walk into the room. the camera so ever there. you walk into the room and you walk in and it says good morning, governor. the machine does this? it s going to recognize your face and it s going to recognize your body and it s going to say hello, governor. would you like to play tennis today? mike: yes. i would love to play tennis today. grab your react, governo
and resident gadget geek clayton morris recently stopped by to translate and put everything into simple terms that all of us can understand. first on the list, the hottest new video game. we all saw what gadgets and video games looked like back in the 1 0s sat back with a bag of chips on your chest and play video games like this. which is how i still play. nintendo wii play tennis from the couch. now microsoft s project natal we will see by christmas this year. doesn t look that crazy and sexy on the screen because everyone has an x box. what it does is attaches to current x box and gets you off the couch. so governor, stand up. mike: okay. imagine you walk into the room. the camera so ever there. you walk into the room and you walk in and it says good morning, governor. the machine does this? it s going to recognize your face and it s going to recognize your body and it s going to say hello, governor. would you like to play tennis today? mike: yes. i would love to play tennis
and resident gadget geek clayton morris recently stopped by to translate and put everything into simple terms that all of us can understand. first on the list, the hottest new video game. we all saw what gadgets and video games looked like back in the 1 0s sat back with a bag of chips on your chest and play video games like this. which is how i still play. nintendo wii play tennis from the couch. now microsoft s project natal we will see by christmas this year. doesn t look that crazy and sexy on the screen because everyone has an x box. what it does is attaches to current x box and gets you off the couch. so governor, stand up. mike: okay. imagine you walk into the room. the camera so ever there. you walk into the room and you walk in and it says good morning, governor. the machine does this? it s going to recognize your face and it s going to recognize your body and it s going to say hello, governor. would you like to play tennis today? mike: yes. i would love to play tennis