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While many of today's top tech companies are dramatically escalating the amount of cash they are spending on federal lobbying efforts, Apple - the mot profitable of the lot -...
02-18-2013, 03:30 PM #1
Apple Cut Spending for Federal Lobbying Last Year
While many of today's top tech companies are dramatically escalating the amount of cash they are spending on federal lobbying efforts, Apple - the mot profitable of the lot - is going in the opposite direction.
Apple reduced its federal lobbying dollars by 13% in 2012 to just under $2 million. Other names in the game, like Facebook, for example, increased its spending for lobbying purposes by nearly 200% ($1.35 million to $4 million) in 2012.
Apple's LD-2 disclosure form, which was obtained by Fortune, shows Apple's $2 million investment spread out over the following efforts:
- Taxation (including the repatriation of profits earned overseas)
- Education (including the use of digital textbooks in schools)
- Telecommunications (including open Internet and children protection issues)
- Environment (including electronic waste, Energy Star and EPEAT standards)
- Trade (including free trade and border issues)
- Consumer Issues (including privacy protection and the Do Not Track Me Online Act)
- Investments and the SEC (including implementation of the Dodd-Frank Act)
- Transportation (including the use of technology in cars and airplanes)
- Computer Industry (including cybercrime)
- Appropriations (including government precurement rules)
- Media (including electronic publishing)
- Medical (including the regulation of mobile medical devices)