#apple debt

Apple on Monday announced that Chief Financial Officer (CFO) Luca Maestri will transition from his role on January 1, 2025. Maestri will continue to lead the Corporate Services teams, including information systems and technology, information security, and real estate and development, reporting to Apple CEO Tim Cook. As part of a planned succession, Kevan Parekh, Apple’s Vice President of…

Some investors might worry that Apple carries $108 billion of long-term debt on its balance sheet. That debt figure alone would qualify as the world’s 139th-most-valuable company. Can Apple afford this massive amount of debt? Neil Patel for The Motley Fool: ‎ Investors can look at some key metrics to determine whether a business is able to handle its debt burden. When scrutinizing Apple in this…

Apple’s 10-year bonds currently yield about 5.20%. In comparison, the implied dividend yield on Apple’s stock at current prices is 0.54%. Ciara Linnane and Tomi Kilgore for MarketWatch: ‎ Select Magnificent Seven 10-year bonds currently yield anywhere from about 5.20% for Apple Inc. to 5.75% for Meta Platforms… Meta doesn’t pay a dividend. The remaining five are Amazon.com Inc., Alphabet Inc.,…

Apple selling debt in the U.S. blue-chip bond market Monday ahead of key U.S. inflation readings due to be released later this week. Olivia Raimonde and Dayana Mustak for Bloomberg News: The $5 billion deal is expected to come in as many as five parts, according to a person familiar with the matter. The longest portion, a 30-year bond, could yield 135 basis points over comparable Treasuries,…

Apple’s latest debt deal could reach $6.5 billion

Apple, following up record quarterly results tied to robust iPhone sales, rolled out a four-part bond deal on Monday to raise new debt in a deal that could reach $6.5 billion. Joy Wiltermuth for MarketWatch: The new deal from Apple could raise up to an estimated $4 billion to $6.5 billion for the technology giant through the issuance of four series of bonds with ratings of AAA from Moody’s…

Apple taps U.S. bond market with new four-part debt offering

Apple is once again tapping the U.S. investment-grade bond market with a new debt offering in as many as four parts as the tech giant increasingly looks to return cash to shareholders. Jack Pitcher for Bloomberg: The longest portion of the offering, a 40-year security, may yield 1.15 percentage points above Treasuries, according to a person familiar with the matter, who asked not to be…

In bid to overturn $15.7 billion Apple tax verdict, EU claims court made errors

EU antitrust bureaucrats have claimed a court made legal errors when it scrapped their 13 billion euro ($15.7 billion) Apple tax grab in Ireland, in a filing to have the verdict overturned. Reuters: The Commission is appealing to the Luxembourg-based Court of Justice of the European Union following a ruling last year by the General Court, which said the EU executive had not met the requisite…

Apple: ‘We have always abided by the law in Ireland,’ as EU appeals tax grab loss

On Friday, Apple said it has always complied with Irish tax laws and that the issue which led to an EU tax order of 13 billion euros ($15 billion) was more a case of where it should pay taxes rather than the amount.

Margrethe Vestager, European Commissioner for Competition

Apple’s statements came after the European Commission said it would appeal a court ruling that rejected its tax grab attempt.