By: Benzinga
May 03, 2013 at 10:52 AM EDT
A Round of Applause for Apple - How it Financed its Buyback was Pure Genius
Let’s all give a big, boisterous round of applause to Apple (NASDAQ: AAPL ). Seriously, no sarcasm here. This was pure financial genius. It was so obvious yet barely anybody thought about it. On Friday, Bloomberg reported that Apple avoided as much as $9.2 billion in taxes by financing
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