> Money left over could be used to pay dividends to shareholders or to do tech acquisitions or long term investments in Apple projects which would benefit the s

> Money left over could be used to pay dividends to shareholders or to do tech acquisitions or long term investments in Apple projects which would benefit the shareholders in a more direct fashion. This assumption is incorrect in a world where the US is only about 40% of Apple's revenue and slowly dropping (eyeballing from [1], happy to be corrected). If you are going to be investing to grow your revenue outside the US, it makes no sense to repatriate the cash generated there already. [1] https://www.statista.com/statistics/382175/quarterly-revenue-of-apple-by-geograhical-region/ https://www.statista.com/statistics/382175/quarterly-revenue...