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by Ftuuky 3333 days ago
Why does Apple need all that cash in the bank? Why not spending it in R&D or giving it to the shareholders?
1 comments

Massive US tax penalties for doing either.
How about investing
That's exactly what they're doing. https://en.m.wikipedia.org/wiki/Braeburn_Capital.
They invest internationally. To invest in the US effectively requires surrendering 40% of that money to CA and the federal government first.