Re:Apple has a record $250B in the bank
by AndrewKemendo on Monday May 01, 2017 @03:38PM
(#14240746)
You don't need it overseas for safety, you just keep more of it for safety.
You don't need $250B for "safety". Apple needs maybe $50B tops. If it has a bad year it's going to slash spending. It's got professional management that know pretty much how much it will make in a quarter and how much it can spend. It also has access to further financing, both debt and equity.
Repatriate the $250M, payoff the $78M in debt, and pay out at least $100M to shareholders. Apple will have over $100M in cash again by the end of the year.
When the 12% tax holiday is approved, almost all of that money comes back and most gets paid as dividends. You don't need it overseas for safety, and you don't need to burn $30B a year if your revenues disappear. A "skeleton crew" can spend a couple billion a year developing new profits in the nuclear meltdown scenario.