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Re:Apple surpasses Saudi Aramco to become the most valuable ... by paulpauper on Friday July 31, 2020 @05:30PM (#24014408)
Because it is a public company. Public companies are under strict fiduciary duties. If it were private, it would just go to the owners and investors in large dividends. Dealing with so much money requires considerable deliberation.
Re:Apple surpasses Saudi Aramco to become the most valuable ... by ska on Friday July 31, 2020 @05:38PM (#24014499)
This doesn't make sense to me. Apple absolutely could return most of this to shareholders via a dividend if they chose to (less taxes if they bring from offshore, etc.) It's not at all clear the best exercise of the boards fiduciary duty is to hold cash.