Most of their cash is stuck over seas, for Apple does not want to pay tax on that money to bring it back to the US. With $10 billion committed to dividends and an existing buyback program in place - give up the joke fantasy of buying 10s of billions dollars worth of shares. Apple would lose $30 billion in taxes to bring the money home from over seas. The cash "story" is completely overblown. Especially moving forward as the growth in the cash hoard declines.
they can just use those cash as collateral and take out a low interest loan and bring the money back. They can even write off the loan interest as expense I believe. It's common practice... if they choose to do it.
Interesting you should point that out. But a significant amount of that overseas cash is being used for capital equipment in Chinese and Brazilian factories. But you wouldn't know anything about that, right? So you see, genius, there are ways to make use of that "captive" offshore money.
Hey a - hole, can you read? Guess not. I mentioned that cash over seas will not be used for stock buybacks. Never mentioned how they use their cash over seas, and yes I am fully knowledgeable how cash is used over seas. Just not the topic, now is it? What a clown you are. How much are you down? A lot I am sure.
But they won't. Mgmt is not interested in propping up (or attempting to prop up) the stock price. OTOH, the fact they're paying a div is very good ..... they should allocate more $'s toward the div, and not in a lame attempt to prop up the share price. Div paying stocks are very valuable in institutional portfolio's; that would go much farther toward enhancing the share price.