3 ms·
Debt isn't necessarily bad for a company if they can borrow at lower rates than they are earning on current investments. Notice that the author in your link st
by tallanvor 8y ago
Debt isn't necessarily bad for a company if they can borrow at lower rates than they are earning on current investments.
Notice that the author in your link states he's long on AAPL and MSFT, both of which have somewhere around $90 billion in debt last I heard.
- coldcode 8y agoI think both used debt previously to fund stock buybacks because they could not bring in foreign profits without incurring large tax payments. Apple still has more cash it can spend.