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GBH: Apple could repatriate $200B

Published 01/04/2018, 02:34 PM
© Reuters.  GBH: Apple could repatriate $200B
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  • GBH estimates that Apple (NASDAQ:AAPL) will repatriate around $200B of its foreign cash under the new U.S. tax code.
  • Apple has $252B in foreign cash.
  • GBH outlines three ways Apple could spend the money: accelerate buybacks, another dividend hike, and potential larger M&A.
  • The firm thinks Apple will likely keep M&A deals under $2B, but “strongly believe” it’s time for Apple to make a bigger investment in a new growth area such as Netflix (NASDAQ:NFLX) and streaming video.
  • Apple shares are up 0.42%.
  • Previously: DigiTimes: TSMC will supply A12 processors for next iPhones (Jan. 4)
  • Previously: Oppenheimer Large Cap Revenue ETF (NYSEARCA:RWL) December Summary (Jan. 4)
  • Now read: Apple Ia Above A 'Golden Cross' And Has A Positive But Overbought Weekly Chart


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