Apple just started selling new bonds in order to finance a share buyback program and dividends for shareholders, as Bloomberg spotted in a filing. This is counterintuitive as Apple is sitting on a big pile of cash and probably doesn’t need to issue bonds. But most of the company’s cash is outside of the U.S. During Apple’s fourth-quarter earnings call, the company said that… Read More
Permalink — http://feedproxy.google.com/~r/Techcrunch/~3/iDAtMgOqd3Q/
URL of source article.
Date — November 6, 2017 5:20 pm
Publish date of source article.
Source — http://feeds.feedburner.com/TechCrunch
URL of RSS feed.
Advertisements
