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Title: Apple Sells Record $17 Billion Worth Of Bonds To Finance Its Stock Buyback Post by: HCK on May 01, 2013, 07:00:03 am Apple Sells Record $17 Billion Worth Of Bonds To Finance Its Stock Buyback
Despite having a mountain of cash overseas, Apple has decided it’d be cheaper for the company to go into debt for its stock buyback program, rather than bring the money back to the U.S. to be taxed. After taking the initial steps yesterday toward offering bonds to investors, Apple opened up its order book today [...]Related StoriesVine Will Now Let You Use The iPhone’s Front-Facing Camera To Record SelfiesBlackBerry’s CEO Thinks Tablets Will Be Dead In Five YearsPath Is All Up In Your Personal Business AgainTim Cook Returning To Speak At All Things Digital Conference Next MonthApple And Samsung Going To U.S. Court Twice Over Patents In The Next Year http://feedproxy.google.com/~r/cultofmac/bFow/~3/vJgwjWkLeOc/story01.htm |