- Sep 19, 2011
- 28,430
- 10,021
- 900
Longtime Apple analyst Gene Munster has weighed in, and expects the Mac maker to repatriate $214 billion at the 15.5% rate. Once that cash is brought home, Apple will likely allocate most of it toward its aggressive capital return program.
How Much Cash Will Apple, Inc. Repatriate Under New Tax Law?
An estimated $2.6 trillion in American corporate profits is sitting in overseas bank accounts, about half of that in cash.
http://money.cnn.com/2017/11/03/news/companies/romans-numeral-overseas-cash/index.html
So what will Apple et.al. do?
Now uninformed people don't seem to comprehend there are ONLY positive values at play.
One of the myths these uninformed believe is "oh that money will just go back to buy shares back"!
What's wrong with that?
Who owns those shares that will be bought back? Wealthy people of course BUT also trillions of dollars
in 401Ks and pensions among the less than 1%ers own.
In fact,
Total retirement assets near $25 trillion mark
Total retirement assets near $25 trillion mark
And who owns that $25 Trillion???
That's for the next comment!
How Much Cash Will Apple, Inc. Repatriate Under New Tax Law?
An estimated $2.6 trillion in American corporate profits is sitting in overseas bank accounts, about half of that in cash.
http://money.cnn.com/2017/11/03/news/companies/romans-numeral-overseas-cash/index.html
So what will Apple et.al. do?
Now uninformed people don't seem to comprehend there are ONLY positive values at play.
One of the myths these uninformed believe is "oh that money will just go back to buy shares back"!
What's wrong with that?
Who owns those shares that will be bought back? Wealthy people of course BUT also trillions of dollars
in 401Ks and pensions among the less than 1%ers own.
In fact,
Total retirement assets near $25 trillion mark
Total retirement assets near $25 trillion mark
And who owns that $25 Trillion???
That's for the next comment!