Home » General World News » Apple has $200 billion to play with — here’s what it might do with all its overseas cash (AAPL)

Apple has $200 billion to play with — here’s what it might do with all its overseas cash (AAPL)





Tim Cook

  • Apple has around $250 billion in overseas cash.
  • The new tax law put in place at the end of last year gives the company incentives to transfer those holdings to the US.
  • Apple has said it owes $38 billion in taxes on that amount and suggested it plans to spend tens of billions of dollars more on investments.
  • But it’s an open question how the company will parcel out its overseas funds.

Apple’s plan to bring home hundreds of billions of dollars in overseas cash has triggered a guessing game on Wall Street about what it might do with all that money. read more >>>

Source:: BusinessInsider.Com

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