What’s your point?
Apple hoarded money overseas, avoided taxes, accessed the money thru bookkeeping tricks, and now finds it a better deal to bring it home at 15.5% rate. My point was that the other pieces would likely have happened anyway and Apple’s release does not tie it to the tax cut.
“These are probably many capital expenditure initiatives and new site build-outs that Apple was already planning on doing regardless of repatriation,” said Michael Olson, an analyst at Piper Jaffray.
[Post edited by DanTheFan at 01/17/2018 6:54PM]
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In response to this post by Hokieesith)
Posted: 01/17/2018 at 6:46PM