Nothing "magic" about it. Those are all POST TAX PROFITS. Would you have preferred that Apple had put their profits in Greek banks, where the Greek Government announced one morning that 10% of all bank accounts were forthwith confiscated because the government needed the funds??? That happened. All socialist countries salivated over that move and several US Congress Critters introduced bills to allow that move in the US. . . and it IS incorporated into Obamacare!
here is how the world works.
Apple-of-Ireland orders a smartphone from its
Chicomm supplier, the cost is about $50.
Apple-of-the-US ‘’’buys’’’ that smartphone
for $400 from Apple-Ireland, even though
Apple-Ireland has done next to nothing.
.................
all the markup happens offshore