3 ms·
Apple doesn't have $100B, or even $90B, that it can use to buy Hollywood, pay dividends, give more money to employees, etc. A huge fraction of Apple's cash is
by anamax 15y ago
Apple doesn't have $100B, or even $90B, that it can use to buy Hollywood, pay dividends, give more money to employees, etc.
A huge fraction of Apple's cash is outside the US. Bringing that money into the US would require paying 35% (US corporate tax rate).