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Taxes may be the worst way to recycle money but in the absence of anything else it's a really good way. Apple's revenue far outweigh its costs. They have one of
by saynsedit 10y ago
Taxes may be the worst way to recycle money but in the absence of anything else it's a really good way. Apple's revenue far outweigh its costs. They have one of the largest cash reserves of any corporation in the world.
http://money.cnn.com/2015/07/22/investing/apple-stock-cash-earnings/ http://money.cnn.com/2015/07/22/investing/apple-stock-cash-e...
http://www.forbes.com/sites/timworstall/2014/04/13/fun-number-apple-has-twice-as-much-cash-as-the-us-government/ http://www.forbes.com/sites/timworstall/2014/04/13/fun-numbe...