With $179 billion in the bank, Apple wants to borrow $5 billion for stock repurchases and dividends

[iMore.com]

Thanks to the ever-complicated nature of the US tax code, Apple ? the most profitable company in history this past quarter ? is planning to issue $5 billion in bonds to pay for their ongoing stock repurchasing program and dividends. Yes, Apple, the company that made an eye-watering $18.04 billion in profit last quarter, is looking to borrow money.

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