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by idlewords
3931 days ago
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As best I can tell, it's invested in US treasuries and corporate bonds [http://www.theguardian.com/business/2015/feb/02/apple-cash-m...]. It's doing much less work than if Apple paid it out as a dividend, or spent it on Bentleys for all its employees, or invested it in creating some new product category. And we don't see a penny of it paid as taxes. |
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