Re:Apple has a record $250B in the bank
by easilyBored on Monday May 01, 2017 @02:04PM
(#14239894)
Apple's "burn rate" is about 33BN a year, which means that 250BN would give them ~5-6 years to find a new market in the event of a nuclear holocaust if they kept spending the same with ZERO income.
In your case, that burn rate would go down to $5 billion in a year or two. Apple justifies the burn rate because it's making a killing, when that stops...
Lower the corp tax and they'll repatriate the day after.
In your case, that burn rate would go down to $5 billion in a year or two. Apple justifies the burn rate because it's making a killing, when that stops...
Lower the corp tax and they'll repatriate the day after.