Apple is generating $60 billion Pos. Cash-Flow per year, (EBITDA). Its net profit after-tax is $45 billion. Apple Management could offer to take the company private, by tender offer for all Apple's publicly traded shares, by offering a $1100 Bond for each Share, with said bond paying 4%. This would only require $44 Billion pre-tax interest payments, well below Apple's $60 Billion positive cash-flow. This makes alot more sense than paying Dividends, paid out of after-tax dollars, the bond interest is paid from pre-tax cash-flow, and reduces earnings for paying IRS Taxes. Apple's greatly reduced IRS Taxes, would therefore reimburse effectively 1/3rd the bond interest cost of taking Apple Private at $1100 per share.