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by groundzeros2015 17 days ago
Companies need to raise money for investment. Even Apple doesn’t have cash for all the things they want to do. Suppose they want to lease or buy a piece of real estate.
1 comments

Apple has a giant pile of cash and the last time they issued bonds was to do a stock buyback so that might not be the best example, although there's a fairly small number of companies in their unique position.
That’s kind of what I’m saying. Their most recent issuance was 2025. Even when you have a lot of cash it’s inconvenient to spend cash on all purchases