You see, fireman15, I post an ACCURATE statement, based on the audited current Apple Financial Statement filed with the US Securities and Exchange Commission THIS THURSDAY that by law already includes ALL of Apple’s off-shore liquid funds, and yet YOU IMMEDIATELY go with an exaggeration claim implying that Apple is somehow hiding funds in off-shore accounts they are not reporting in their official Financial Reports. If this were so, every officer of Apple would be personally liable for fines of $20 million and prison sentences of 20 years for each failure to report under the Sarbanes Oxley Act of 2002, not to mention various RICO statutes and their felony penalties.
You ALWAYS imply that Apple is lying or doing something nefarious or underhanded. That is why it is almost always necessary to refute your posts!
That is ridiculous... I don't ALWAYS do anything. Anyone can look through my posting history to verify. Please Swordmaker tell us where is the vast majority of the $270 Billion dollars stored. It is not like this is a big secret... this has been going on for a long time. This is one more good example of you accusing others of being misleading when you are the one who has very little if any allegiance to “ACCURACY”.
You act like a bully much of the time, and your posts are often very misleading.
“Apple CFO Luca Maestri said during the company's conference call with analysts on Tuesday that $230.2 billion of its cash — 94% of it — was being held overseas.”
http://money.cnn.com/2017/02/01/investing/apple-cash-overseas/index.html
“And Apple has increasingly stashed away its cash overseas for tax purposes. Apple CFO Luca Maestri said in February that $230 billion of its cash was held abroad.”
http://money.cnn.com/2017/05/01/investing/apple-cash/index.html
“May 1, 2017 - Update: Apple confirmed that its cash reserves now sit at $256.8B. Apple's cash ... More than 90% of Apple's cash is held outside the USA.”
https://9to5mac.com/2017/05/01/aapl-cash-reserves-amount-value/