Why does it make sense for Apple to borrow?

18 August 2015

 

Apple is the most or one of the most profitable companies in the world. It has a hoard of cash around the globe, which when totalled up exceeds US$200bn. In a teleconference held for Australian bond fund managers, that is seen as a prelude to Apple issuing $AUD domestic bonds, Apple reiterated that the major reason for keeping its cash outside the US is that any cash repatriated will incur...

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