Re:Amazon, Apple, Google and Facebook will all go away withi...
by cobookman on Wednesday October 18, 2017 @11:25AM
(#15499886)
Apple has enough cash on hand that they'll be able to make 0 profit for the next 50 years and still be around.
[ Parent
| on HN ]
Re:Amazon, Apple, Google and Facebook will all go away withi...
by tristanj on Wednesday October 18, 2017 @11:44AM
(#15500078)
Only if they stop giving it back to their shareholders. Since they started their buyback program in 2012 Apple has 'returned' over $222 billion to shareholders [0]. Presently they are issuing debt to finance the buybacks & dividends. If they are not careful they may end up like IBM.
[0] https://www.macrumors.com/2017/09/05/apple-5b-bond-sale-fund...
Re:Amazon, Apple, Google and Facebook will all go away withi...
by heartbreak on Wednesday October 18, 2017 @12:30PM
(#15500522)
That debt is borrowed against offshore holdings that they plan to repatriate when the tax conditions are more favorable.
Re:Amazon, Apple, Google and Facebook will all go away withi...
by romeoEtJoliet on Wednesday October 18, 2017 @11:38AM
(#15500024)
It's true that Apple has mountains of cash, but in all likelihood, a failing Apple-sized tech giant would end up acquired by an adjacent company (see Motorola or Yahoo or Sun Microsystems
) before they ran out of money.