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More then 90% of that cash is overseas, and Apple is not going to bring it back to the US. (Maybe at some point they'll move engineering where the cash is so t
by quicklyfrozen 10y ago
More then 90% of that cash is overseas, and Apple is not going to bring it back to the US. (Maybe at some point they'll move engineering where the cash is so they can put more of it to use.)
- pdimitar 10y agoHaving in mind the huge HQ they are building in USA then I'd guess it won't happen. This makes it even more mystifying for me -- are they just gonna sit on top of their Smaug level of treasure?
- quicklyfrozen 10y agoThey are probably hoping for a tax break before repatriating their cash.