> Money left over could be used to pay dividends to shareholders or to do tech acquisitions or long term investments in Apple projects which would benefit the shareholders in a more direct fashion.
This assumption is incorrect in a world where the US is only about 40% of Apple's revenue and slowly dropping (eyeballing from [1], happy to be corrected). If you are going to be investing to grow your revenue outside the US, it makes no sense to repatriate the cash generated there already.
This assumption is incorrect in a world where the US is only about 40% of Apple's revenue and slowly dropping (eyeballing from [1], happy to be corrected). If you are going to be investing to grow your revenue outside the US, it makes no sense to repatriate the cash generated there already.
[1] https://www.statista.com/statistics/382175/quarterly-revenue...