This week, Apple has published the financial report on the results of the next quarter. Among other things, the Corporation reported record net cash reserves, the amount of which was $256,8 billion Experts argue that could buy Apple if I decided to spend the money.
By the beginning of 2017 in reserve, the Apple has accumulated an incredible amount of cash — more than $250 billion Is more than any other company in the world. The cupertinos on the tradition not in a hurry to leave even minor parts of the reserve. For that Apple is regularly criticized many shareholders, prompting the company to actively buy back its own securities, or at least increase dividends.
Reserve Apple continues to remain a reserve. Formally, the bulk of it is in the hands of one of the legal departments of Apple in the area of Nakagiri, near the small Irish town of cork. The reason for this geographical selection of the company Tim cook is simple — in Ireland, Apple pays taxes in the amount of slightly less than 1% of its profits. Worth it to transfer cash in the United States, as the government will have to pay 35%.
This scheme is quite a common thing for large corporations. Like the fact that the management placed abroad means actually accomplished from the USA. 114 on page one of the annual reports of the it giant, you can detect the mention of a company called Braeburn Capital, registered in the state of Nevada. It Braeburn Capital is a corporate investment company and manages billions of dollars of reserves, earned Apple. Among financiers Braeburn known as “the largest hedge Fund you never heard”.
If Apple in one form or another, decided to spend their savings, without the help of this small Fund would not do. Here are just a few suggestions where Braeburn Capital and Apple could invest $250 billion:
1. Buy 395 million iPhone.
2. To give $35 each inhabitant of the planet.
3. The money to cover 15 years of payments of Britain to the European Union.
4. They can buy six companies: Tesla, Snapchat, Twitter, Netflix, Uber and Spotify.
5. For this money you can build 12 trompowsky walls (American President Donald trump wants to build a wall on the border between Mexico and the United States).
6. To by any company included in the FTSE 100 (including the oil giant Royal Dutch Shell).
7. To buy each of the 115 000 employees on a luxury yacht.
