Re:Apple Reports First Quarter Results
by nodesocket on Thursday February 01, 2018 @06:27PM
(#16286934)
Actually contrary to what you may have heard from the HN outraged, they are infact bringing cash back; repatriating from foreign accounts. Multiple news agencies reported this, I'll just link to the Fortune[1] article.
[1] - http://fortune.com/2018/01/18/apple-overseas-cash-repatriati...
Re:Apple Reports First Quarter Results
by matwood on Thursday February 01, 2018 @10:08PM
(#16288086)
Heck, Trump even said it in his SOTU.
Re:Apple Reports First Quarter Results
by pertymcpert on Thursday February 01, 2018 @08:00PM
(#16287463)
Why do you say wrong things?
They said they would invest $N hundred billion in the US over N years. That almost entirely consists of payments to US suppliers / manufacturers, which comes out of operational cash flow; along with employee base expansion.
Who knows how much of the cash they'll repatriate, or when. They might not have even decided on that yet, the ink is still fresh on the tax changes.