I thought this quote from Seeking Alpha was interesting
"Apple can access about half of its offshore cash and return it to shareholders without incurring an incremental hit to its income statement," Sacconaghi wrote, though added that the company would still have to actually pay the cash tax. "That means that about $75 billion in total cash could be returned to shareholders with no impact to Apple's reported tax rate or EPS."
If Sacconaghi's numbers are right, Apple investors should be relieved quite a bit. While Apple would still have to pay the cash portion of the tax bill, it would not have to record some of that on the income statement, meaning EPS would not be reduced. In fact, EPS would actually rise if the money is used for share buybacks. Sacconaghi has an outperform rating and $725 price target on Apple's stock, and has been publicly pressing the company of late to consider using debt or other means to increase the cash it gives back to shareholders.
Anyone reading seeking alpha is a rube and headed for trouble......seeking alpha is a joke........worse than any other rag on the web!! they're kids starved for attention......one is social worker that a forbes writer just tore up this morning about the cash balance....the idiot on seeking alpha said they dont have 137 billion......lol........he needs to go nback to handing out food stamps like the rest of the social workers............seeking alpha is for mindless kids......