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You downvoted me with such condescending tone that borders an ad hominem because you did read too much on what I said and left zero space for debate. You must b

• graeme 6y ago
  If you think I’m wrong, feel free to present an argument that Apple has saved $200 billion in cash to fight court cases, and that they have in some way neglected to spend on priorities to fund this. Your response was ad hominem. I used a strong tone because you presented a very strong conclusion that I don’t believe to be supported by evidence. You linked a fact you don’t understand (Apple’s cash pile) to the topic de jour (Apple’s new court case). I really do think this is a starting point to conspiratorial thinking: grand conclusions on the basis of a couple ideas. Maybe the way I warned you wasn’t likely to succeed, but I meant it completely sincerely. Have a look at Apple’s stock buyback history: they spend $385 billion from 2012-2019: https://www.aboveavalon.com/notes/2020/4/23/apples-460-billion-stock-buyback https://www.aboveavalon.com/notes/2020/4/23/apples-460-billi... Dividends are harder to quickly find, but they seem to pay out about $12-$15 billion by year. The money paid out to investors dwarfs their cash pile. Two other facts: * A lot of Apple’s cash is overseas. They can’t easily repatriate without tax consequences * Apple has about $100 billion in debt. The cash offsets this > Now I totally understand why Apple have piled up a huge mountain of cash and never spent a dime. Given the fact above, your conclusion doesn’t seem very logical.