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Apple (AAPL.O), opens new tab sold $4.5 billion worth of bonds late on Monday, its first offering in two years, and said it plans to use proceeds to repurchase stock and repay outstanding debt.
The offering included $1.5 billion of three-year notes and $1 billion each of five, seven- and 10-year notes. Apple has $8 billion in debt maturing from May through November.
It's just a drop in the ocean of debt Apple has.
Apple is one I'd the most successful companies in recent times but a spiral of fiat financing harms not only the individuals but also the companies/corporations. However it's still unfathomable why a company that might be spending billions to get financial advice, is yet to consider Bitcoin on its balance sheet??
This is ridiculous! Fiat ruins everything. I am guilty of this myself. Why spend savings when you can get 0% financing on your credit card? But I’m not a trillion dollar company with billion in cash to spend on my business. Apple is dying the fumes of Steve Jobs are running dry thanks to Trump and their failed products. So let’s raise some debt buy back our stock and pay off old debt.
This is why apple is stagnant
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