Apple plans to borrow in the bond market for the first time since November 2017, according to a prospectus filed on Wednesday.
Apple had $210.6 billion in cash on hand as of the company's last earnings report and wants to become net-cash-neutral over time.
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Is it call ibond?
Borrowing money for buybacks and dividend payments. What could go wrong? 🤦🏼♂️
Because they want to make the bond market cool. Wonder what rate they gonna do bonds at.
Borrow at 2%........ invest at 4%. Seems like a good deal.