To: SamAdams76
Once Trump gets his tax reform through, Apple will move much of their cash back the USA and start spending it here in America, resulting in more American jobs. We hope that's what they would do. Why are they sitting on this pile of cash?
20 posted on
04/30/2017 1:40:16 PM PDT by
virgil
(The evil that men do lives after them.)
To: virgil
Even the Statue of Liberty is expecting this money will return once Trump's tax reform goes through...
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To: virgil
Rainy day fund.
It is not a bad strategy to keep some money in the bank in case of unforseen circumstances.
When your market cap is $754 billion, keeping $250 billion in savings really isn’t that much.
To: virgil
“We hope that’s what they would do. Why are they sitting on this pile of cash? “
Because it is their money and they choose to keep it in cash.
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