The latest Forbes has a fascinating article on what Apple plans to do with the $64 billion it has sitting overseas. Writer Connie Guglielmo notes that bringing it here would cause it be taxed at 35 percent and hence would be a rather stupid thing for it to do.
So, the plan is for Apple to use the money to build offshore factories hence putting itself in complete control over its supply chain and preventing this equipment from being used to build products for HP and Dell.
Now, if competent, wise people led our nation then Apple would not feel compelled to spend all that money overseas.
The mysterious thing is why to American billionaires and Californians like those at Apple support the Democrat Party.