Re:Apple Pay on pace to account for 10% of global card trans...
by jdminhbg on Tuesday February 11, 2020 @09:08PM
(#22305108)
There are nearly one billion iPhones in use in the world today [0]. That's far from a Porsche or Vuitton level exclusive, it's more like Ford.
And since the US corporate tax rate was cut back to normal global levels, they've been repatriating the extra overseas cash [1] and mostly using it to fund buybacks and dividends.
And since the US corporate tax rate was cut back to normal global levels, they've been repatriating the extra overseas cash [1] and mostly using it to fund buybacks and dividends.
[0]: https://www.idownloadblog.com/2019/01/30/900-million-iphones...
[1]: https://www.bloomberg.com/news/articles/2018-01-17/apple-exp...