AAPL has so much cash I heard, but you borrow money to pay interest to buyback AAPL shares?
How much the money left?
Hi, I'm Tim - I have a lot more cash, I just sold 9 Million phones while I had my legs waxed. Tomorrow I will buy some Netflix stock though..
The only reason is that I am a little concerned when short AAPL is those cash.
The interest rate is lower than the divvy, and the tax benefits are greater
most money are overseas, so its cheaper for them to borrow money with low interest than bringing money into us and paying taxes on them, simple