Apple's dilemma: what to do with $256 bn cash pile
Washington (AFP) – 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.
The tech giant has resisted the idea of bringing the cash home, because of disincentives in the US tax code — it a
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