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Originally Posted by spence
It's restricted stock...not paying off anything short-term. The overseas cash isn't coming back soon, they're just paying the taxes on it. As for the 20k jobs, that's a projection as to what the spending could possibly create through the entire supply chain not all Apple hires.
Good that they're investing for sure but all these press releases need to be taken with a grain of salt. Wal-Mart's bonus plan turns out impacts hardly anyone and a lot of these increases were already planned.
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"The overseas cash isn't coming back soon, they're just paying the taxes on it" 38 billion the feds will have, that they don't have now. That could fund at least 3 teacher pensions!
"Wal-Mart's bonus plan turns out impacts hardly anyone"
The minimum wage hike to $11/hr impacts a lot. Funny you chose to leave that out.
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