– Why Apple, With $178 Billion In Cash, Is Raising Debt (ZeroHedge, Feb 2, 2015):
Virtually all of AAPL’s cash growth in the December 31 quarter took place offshore, where its cash hoard rose from $137 billion to $158 billion (mostly thanks to the previously mentioned surge in Chinese iPhone purchases). How much of Apple’s cash is domestic? As the following chart shows, a paltry $20 billion of AAPL’s cash, or barely above 10%, is held domestically – one of the lowest levels in the past 4 years – and can be used for such corporate activities as stock buybacks and dividends.
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