Quote:
Originally Posted by OneHungLo
Ahhh dude, you think appl is going to leave $260,000,000,000 billion sitting overseas doing fuck all when they could bring it back and pay out dividends and buy back shares which directly benefits shareholders? The only reason why they haven't brought it back was because they were going to get taxed at the old rate of 35%.
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Personally I would like to have seen some corporate responsibility from the management of these corporations.
The free societies that make these companies rich cost a great deal of money to maintain.
Education, welfare, roads, military, etc etc.
Why is it not a figure of corporate pride that they are able to contribute the maximum amount, rather than hiding it away and paying the absolute minimum.
What on earth does apple gain by hoarding all of this cash - why not do good with it ?
Why not create charitable foundations, or contribute to the care of the elderly, or cancer research ?
The day will come when apple will need someone goodwill in the bank
