Apple Inc., which earns about two-thirds of its re
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Posted On: 05/02/2017 3:24:18 PM
Apple Inc., which earns about two-thirds of its revenue outside the U.S., is holding more than $230 billion in cash overseas. Microsoft Corp. said in its most recent quarterly report that the bulk of its cash, about $116 billion out of a global total of $123 billion, is housed overseas and "would be subject to material repatriation tax effects."
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