Re:A Message to the Apple Community in Europe
by sjwright on Tuesday August 30, 2016 @09:55AM
(#12390111)
> That's not even true!
That's a graph of cash reserves, not revenues. It's highly likely that Apple spends most of the revenue it accrues in the Unites States. You know, on expensive shit like Apple Campus 2.
Re:A Message to the Apple Community in Europe
by pjc50 on Tuesday August 30, 2016 @10:27AM
(#12390448)
The slope of the graph is effectively a lower bound on profit-not-returned-to-shareholders. Spending it would make it no longer count as profit. $200bn buys you a lot of HQ buildings. It would probably buy you all the HQ buildings in SF.
That's not even true! As you say, they keep their profits offshore to avoid US taxes: http://uk.businessinsider.com/apple-taxes-offshore-ireland-e...