http://ift.tt/1sHX1gh
Apple has a massive cash balance - standing at $155 billion as of the last quarter - and is seeing increasingly strong free cash flows – over $10 billion during FY Q4 – on the back of hit new products such as the iPhone 6. However, the move to issue Euro-denominated debt makes a lot of sense for Apple given the low interest rate environment in Europe and the company’s need to fund its shareholder returns without repatriating its overseas cash.
from Forbes Real Time http://onforb.es/1x7jPYE
Apple has a massive cash balance - standing at $155 billion as of the last quarter - and is seeing increasingly strong free cash flows – over $10 billion during FY Q4 – on the back of hit new products such as the iPhone 6. However, the move to issue Euro-denominated debt makes a lot of sense for Apple given the low interest rate environment in Europe and the company’s need to fund its shareholder returns without repatriating its overseas cash.
from Forbes Real Time http://onforb.es/1x7jPYE
