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Apple's $90 Billion Buyback and Borrowing
Bloomberg Businessweek
Apple's $90 Billion Buyback Is a Big Step in the Right Direction
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Apple is putting another product out into the market that everybody has to have, right? Everybody wants these bonds. If Apple wanted to raise $50 billion today, the market would be there for them. It's just a matter of what that cost is. I think if they really want to make hay on this cash neutral target, you know, they got $57 billion to get through. Why not announce $125 billion authorization?
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