Apple's cash hoard swells to $246B
What possible reason could Apple have to repatriate their cash hoard (even with a tax holiday?)They don'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've got that covered).They are already paying a dividend with free cash flow from their US business ...I can't imagine why they would ever want to "increase investment" in the us vs the many far more productive things they could conceivably do by spending that money outside the us ...