jecasc - 8:07 am on May 22, 2013 (gmt 0)
To gain time Apple had to issue $17 Billion in bonds recently to be able to pay out dividends without bringing the money home. Money is cheap a the moment but once interest rates rise again this will not work anymore. They are only buying time.
I wonder when the shareholders will realize that the actual worth of Apple is only a fraction of the current stock price because of this schemes.
Because you can hide the money only for some time, Apple and the likes are sitting on loads of cash and do not know what to do with it. At some point shareholders will demand dividends, and then Apple has to bring the money home. And surprise, surprise a great amount of it will then disappear into paying taxes.