4 ms·
Because Apple et al can put the extra capital to better use than the united states government.
by adam419 11y ago
Because Apple et al can put the extra capital to better use than the united states government.
- tdees40 11y agoApple appears to be terrible at deploying capital. Most of it is just sitting around in cash. It's actually hard to imagine a worse allocator of capital.
- adam419 11y agoBy Apple et al I meant private enterprise.
- oldmanjay 11y agoI suppose the government could confiscate a hundred billion and use it to invade a small country for a few weeks. I'm not going to put down your imagination but it didn't take me long to think of a worse use.
- toomuchtodo 11y agoI was thinking today that Apple could plow that money into Solar City's SolarBonds [1]. Short maturity dates are available, so they'd be getting their capital back quickly, its a safe investment, and it both helps their image and the environment. https://solarbonds.solarcity.com/ https://solarbonds.solarcity.com/
- icelancer 11y ago> its a safe investment Anything that returns more money than treasury bills at the same maturity date is de facto not "safe."
- toomuchtodo 11y ago"less safe".
- prostoalex 11y agoThis way they can attack big projects and commit suppliers to building out new factories, granting exclusivity on contracts, etc., as opposed to someone who's very efficient at deploying, but then has trouble getting liquidity when times get rough.
- marincounty 11y agoI sometimes wonder if Apple knows more about investing than they let on? They obviously care about money. Why would they let billions sit around in cash? I won't even speculate, but here's a graph of their horde of cash and when we gave it to them. Yes, I said we(the world of course). (Don't want to offend anyone concerning Apple.) http://www.engadget.com/2014/05/22/charting-apples-growing-stockpile-of-cash/ http://www.engadget.com/2014/05/22/charting-apples-growing-s...