4 ms·
Perhaps your wording was metaphorical, but the cash does not sit in bank accounts. Apple is investing the cash pile in securities. (http://www.marketwatch.com/
by witty_username 10y ago
Perhaps your wording was metaphorical, but the cash does not sit in bank accounts.
Apple is investing the cash pile in securities. (http://www.marketwatch.com/story/apple-isnt-really-sitting-on-216-billion-in-cash-2016-01-26 http://www.marketwatch.com/story/apple-isnt-really-sitting-o...)
If corporate tax is abolished, Apple's cash pile would enlargen and thus Apple's investments would increase which would increase other company's stock prices or bond yields.