Apple’s $252 Billion Cash Repatriation
Apple’s $252 Billion Cash Repatriation Increases Odds of New Acquisitions With Apple expected to bring back over $252 billion into the country following the recent change in U.S. corporate taxes, the company is well positioned to buy high performing companies in industry sectors that Apple wants to expand into. Top of the list for Citi analysts is Netflix, the video streaming service. Citi analysts Jim Suva and Asia Merchant came up with a list of potential companies that Apple could acquire that they shared with clients this past December. “The...