Did Apple Repatriate Money?

Apple now has $225.4 billion cash on hand, according to the company's fiscal second-quarter earnings report released on Tuesday. That's less than last quarter, when it reported a cash pile of $245 billion.

How much money has been repatriated in 2019?

Repatriations jumped to $851 billion in 2018 as companies brought back cash from foreign subsidiaries, often using the money for stock buybacks or dividend payouts. They declined to $396 billion in 2019, decreasing with each quarter.

How did Apple get so much cash?

Apple continues to print money faster than it can get rid of it. But the opportunity cost of holding so much cash is staggeringly large. ... That same money invested in Apple's own stock a year ago would have resulted in a gain of $174 billion. Just getting an S&P 500-like long-term return equals $20 billion annually.

James H. Sterling

James H. Sterling

Environmental Science & Climate Journalist

James Sterling reports on renewable energy developments, climate policy, ecological conservation, and green tech innovations around the globe.