I hear it is overseas and APPL can not touch it or will pay hefty taxes. It is like having 1/2 of that cash and can not be used easily. APPL can easily drop to 250.
bah, if its stock price is depressed then this is the time to buy back its shares... sure they pay a lot in taxes but they are in turn able to buy back their shares at a discount
Analysts say share buyback doesn't do anything for its fundamentals.