Apple Corporation Sitting on Pile of Cash It Has No Use For
By John Lawrence
Apple Corporation is sitting on $178 billion in cash, and it literally doesn’t know what to do with it. But it knows one thing: it doesn’t want to give any of it to Uncle Sam or any other taxing jurisdictions around the world. That much is clear.
If it divided that money up, Apple could give $550 to every man, woman and child in the US. It’s enough money to buy Ford, General Motors and Tesla combined and still have $41 billion left over.
They could even buy a couple of small countries, but it doesn’t want to do that. Why bother? It’s literally an embarrassment of riches.
Apple sold an amazing 74.5 million iPhones in the last quarter of 2014, (the first fiscal quarter of 2015).





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