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Apple is also running up quite the debt (over $100B) in the US so the overall figure is actually lower. http://www.barrons.com/articles/apple-plans-to-sell-lot
by protomyth 9y ago
Apple is also running up quite the debt (over $100B) in the US so the overall figure is actually lower.
http://www.barrons.com/articles/apple-plans-to-sell-lots-of-bonds-but-no-30-year-maturities-1493920673 http://www.barrons.com/articles/apple-plans-to-sell-lots-of-...
- seanmcdirmid 9y agoThey do that because interest rates are low and much of their cash hasn't been repatriated (taxed) to the USA.
- protomyth 9y agoYes, but that doesn't really change the fact that their money in the bank needs to be considered partially encumbered.