There are nearly one billion iPhones in use in the world today [0]. That's far from a Porsche or Vuitton level exclusive, it's more like Ford. And since the US

There are nearly one billion iPhones in use in the world today [0]. That's far from a Porsche or Vuitton level exclusive, it's more like Ford. And since the US corporate tax rate was cut back to normal global levels, they've been repatriating the extra overseas cash [1] and mostly using it to fund buybacks and dividends. [0]: https://www.idownloadblog.com/2019/01/30/900-million-iphones-milestone/ https://www.idownloadblog.com/2019/01/30/900-million-iphones... [1]: https://www.bloomberg.com/news/articles/2018-01-17/apple-expects-38-billion-tax-bill-on-overseas-repatriated-cash https://www.bloomberg.com/news/articles/2018-01-17/apple-exp...