Not exact matches
Apple will use proceeds from the
debt sale to fund the buyback and presumably avoid taxes
rather than tap into its $ 150bn cash
pile; returning it to the U.S. could lead to a tax charge
of up to 35 percent.
The question for me is, would I
rather have a HUGE
pile of cash and small mortgage
debt (after all I have been paying it down a little each month for so many years), or a tiny
pile of cash and no mortgage at all?