Apple Inc. (AAPL) Saves $9.2 Billion In Taxes By Raising Corporate Debt

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Apple Inc. (NASDAQ:AAPL) plans to spend $100 billion in share buy-backs in the next few years. AAPL recently sold $17 billion’s worth of corporate bonds in order to fund its buy-back plan. During FY 13 second quarter earnings call Apple Inc. (NASDAQ:AAPL)¬†announced that it has a cash balance of $145 billion where two-thirds of this money is in overseas subsidies. … Read More

RavinApple Inc. (AAPL) Saves $9.2 Billion In Taxes By Raising Corporate Debt