Apple's cash hoard swells to $246B
What possible reason could Apple have to repatriate their cash hoard (even with a tax holiday?)<p>They don&#x27;t manufacture anything in the us -- do they need those kinds of billions to hire more software developers in Cupertino -- that seems pretty unlikely to me.  Do they need it to build more US apple stores (nope they&#x27;ve got that covered).<p>They are already paying a dividend with free cash flow from their US business ...<p>I can&#x27;t imagine why they would ever want to &quot;increase investment&quot; in the us vs the many far more productive things they could conceivably do by spending that money outside the us ...