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> But when you are Apple the sums are so huge and the choice of places you can invest so limited, that giving it back to the shareholders and letting them decid
by Zenzero 2y ago
> But when you are Apple the sums are so huge and the choice of places you can invest so limited, that giving it back to the shareholders and letting them decide is pretty much your only option. A good problem to have.
Crazy thought but I know one larger entity to park the money in and it's the US treasury. Apple has no positioning to improve things like infrastructure and public education.
Stock buybacks should be a clear signal that taxes can go up at that bracket of the economy.