>Many corporations were slapped with a massive bill after the passage of Trump's tax cuts. That only happened to companies who weren't booking deferred tax lia

>Many corporations were slapped with a massive bill after the passage of Trump's tax cuts. That only happened to companies who weren't booking deferred tax liabilities this entire time. Apple on the other hand has been conservative about their accounting, so the $38B tax they're paying has already been accounted for. Apple's profitability has been understated for years because of that (or you could say everyone else has been overstating their profitability).