Apple's dilemma: what to do with $256 bn cash pile
It is a sign of Apple's success but also a thorny problem: its cash stockpile has hit a staggering $256.8 billion, sparking debate on what do with such massive reserves.Apple's quarterly report on Tuesday showed its cash holdings -- the vast majority held overseas -- jumped to a sum that tops the entire economic output of Chile.Proposals by President Donald Trump and lawmakers could lower the tax rate for repatriated earnings, an incentive for Apple and others to put the money to work in the Uni
Read more »