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'Smart, rational people in the media, like Nilay Patel of The Verge' ahh yeah.. Ok Apple is going to be fine.. They carry very little /no debt and make the bes
by rasputhin 11y ago
'Smart, rational people in the media, like Nilay Patel of The Verge' ahh yeah.. Ok
Apple is going to be fine.. They carry very little /no debt and make the best phone in the world that magically becomes obsolete in 14 months..
I can't imagine a better business to be in and dominate.
- sauronlord 11y agoApple will have an alright year. Speculators in Apple common stock will have a tougher year.
- mikhailt 11y agoThey do have debt now, they took out loans worth tens of billions in US and a few other countries in order to avoid bringing in money oversea. I believe they're at 40-50$ billions in debt now. Yes, they have very low interest rates on these loans and probably can pay them all off once the oversea profits come into US at a loss of 40% tax but they're technically debts.