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That was the point.

• zepto 11y ago
  Well you misstated it then. You said they 'without having to pay taxes'. This is false. They do have to pay the taxes. And the cash hoard might technically be 'growing' but there is a corresponding liability that is growing too - so it's no longer Apple's money to do what they want with - it's owed to creditors. So the 'film-flam' as you call it avoids no taxes with regard to the cash-horde.