CBS ’60 Minutes’ (Dec. 20): Apple CEO Tim Cook on Taxes, Made-in-China Products & More

Line Spacing+- AFont Size+-
CBS ’60 Minutes’ (Dec. 20): Apple CEO Tim Cook on Taxes, Made-in-China Products & More

After making films for more than 50 years, Michael Caine says his latest is his best work ever. The 82-year-old British actor tells Lesley Stahl that playing the role of Fred Ballinger in the new film, “Youth,” was also his most difficult.

Caine talks about his latest movie and his incredible career on the next edition of “60 Minutes,” tonight, Dec. 20 (7:30-8:30 PM, ET/ 7:00-8:00 PM, PT) on the CBS Television Network.

“Secretly, I regarded it as the best thing I ever did,” Caine says of “Youth,” a film about aging in which he plays a retired conductor and composer. “It was the most difficult and the criterion for that is that I made it look the most easy,” he says. Watch an excerpt.

The octogenarian actor says he needs the challenge the role posed because, he jokes with Stahl, “I don’t get the girl anymore. All I get is Grandma.”

But he tells Stahl being a grandpa is his biggest kick. Ten years ago, he began playing Alfred the butler in the Batman trilogy of films. “My grandson looked up at me and said, ‘Do you know Batman?’ I said ‘Yes….I know him very well.’ And he told all the boys at school, ‘My grandpa knows Batman. Does your grandpa know Batman?’”

There is talk of a nomination for Best Actor; he would be the oldest person to win that Oscar. He has won for Best Supporting Actor twice.

“I think it would be great for the Academy to recognize old age,” he says.

Then, later in the “60 Minutes” broadcast, the CEO of Apple, the world’s biggest and richest company, says the notion that his company is avoiding taxes on overseas profits is just “political crap” coming from politicians who refuse to change an antiquated tax code.

Charlie Rose conducts a wide-ranging interview with Tim Cook in which the Apple CEO also addresses his company’s other hot-button issues including encryption technology and manufacturing products in China. In addition, Rose speaks to Apple design chief Jonathan Ive, who lets “60 Minutes” cameras into his studio for a rare look at the process that gave birth to revolutionary products like the iPhone and iPad. The Apple story will be broadcast on “60 Minutes,” tonight, Dec. 20 (7:30-8:30 PM, ET/7:00-8:00 PM, PT) on the CBS Television Network.

Cook was agitated when reminded by Rose that many in Congress believe Apple is engaged in a scheme to pay little or no taxes on $74 billion in overseas revenue. “That is total political crap. There is no truth behind it. Apple pays every tax dollar we owe,” he says. “We pay more taxes in this country than anyone,” he tells Rose.

Apple pays more because its makes the most money of any corporation on its ubiquitous products that are best sellers around the world. Two thirds of Apple’s revenue comes from overseas says Cook. Like most U.S. multinational corporations, Apple keeps that overseas income in foreign subsidiaries, to avoid U.S. taxes. He says he would “love to” repatriate it but he can’t “because it would cost me 40 percent [in taxes] to bring it home. And I don’t think that’s a reasonable thing to do,” he says. “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.” Watch an excerpt.

Rose interviewed Cook before last month’s terror attacks in Paris, in which the attackers used encrypted messages to communicate with each other. He told “60 Minutes” his stance on letting the government have a window into its customers’ private communications has not changed since those attacks. Unless served with a warrant, private communication is private and a back door for the government for national security is not the solution.

“There have been people that suggest that we should have a back door. But the reality is if you put a back door in, that back door’s for everybody, for good guys and bad guys,” he tells Rose. “I don’t believe that the tradeoff here is privacy versus national security. I think that’s an overly simplistic view. We’re America. We should have both,” says Cook.

“60 Minutes,” the most successful television broadcast in history, began its 46th season on Sept. 29, 2013. Offering hard-hitting investigative reports, interviews, feature segments and profiles of people in the news, the broadcast begun in 1968 is still a hit in 2011, regularly making Nielsen’s Top 10. The average audience for a “60 Minutes” broadcast still dwarfs the biggest audiences drawn by cable news programs.

“60 Minutes” correspondents include Anderson Cooper, Steve Kroft, Sanjay Gupta, Lara Logan, Norah O’Donnell, Scott Pelley, Charlie Rose, Morley Safer, Bob Simon and Lesley Stahl.

LAST WEEK’S TOP 10 BROADCAST SERIES

SeriesNet.A18-49Viewers
Source: Nielsen Media Research // 10/09/17 - 10/15/17
Sunday Night FootballNBC5.6016.16 million
Thursday Night FootballCBS4.6014.60 million
Football Nt. in America: Pt. 3NBC3.009.12 million
The Big Bang TheoryCBS2.9013.14 million
This Is UsNBC2.8011.02 million
The Voice (Mon.)NBC2.4010.91 million
The Voice (Tues.)NBC2.4011.09 million
Football Nt. in America: Pt. 2NBC2.306.98 million
60 MinutesCBS2.3013.34 million
Grey's AnatomyABC2.108.08 million

TV WATCH TOP 10: 2017-18 SEASON AVERAGES

SeriesNet.A18-49Viewers
Sunday Night FootballNBC7.2020.12 million
Thursday Night FootballCBS4.9015.02 million
Young SheldonCBS3.8015.86 million
The Big Bang TheoryCBS3.6515.86 million
This Is UsNBC3.5012.00 million
The Voice (Mon.)NBC2.6010.81 million
The Voice (Tues.)NBC2.5010.68 million
Will & GraceNBC2.508.67 million
Saturday Night FootballABC2.387.52 million
The Good DoctorABC2.2011.07 million