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Only if they stop giving it back to their shareholders. Since they started their buyback program in 2012 Apple has 'returned' over $222 billion to shareholders
by tristanj 9y ago
Only if they stop giving it back to their shareholders. Since they started their buyback program in 2012 Apple has 'returned' over $222 billion to shareholders [0]. Presently they are issuing debt to finance the buybacks & dividends. If they are not careful they may end up like IBM.
[0] https://www.macrumors.com/2017/09/05/apple-5b-bond-sale-funding-buybacks-dividends/ https://www.macrumors.com/2017/09/05/apple-5b-bond-sale-fund...
- heartbreak 9y agoThat debt is borrowed against offshore holdings that they plan to repatriate when the tax conditions are more favorable.