While in the United States Apple closed yesterday with $ 112,28 per share, in Australia it managed to sell bonds worth about 1.200 million Australian dollars, which have been almost 900 million US dollars, specifically 883 million.
It seems that Apple has no brake in terms of profits and income from the sale of bonds in the countries where it carries out this type of actions and despite the predictions of analysts they calculated profits between 500 and 1.000 million dollars, Apple beat the figure by a lot.
The bonds issued and managed by renowned financial entities such as: Deutsche Bank, Commonwealth Bank and Goldman Sachs, offer an interest of 3,8% and with terms of between 4 and 7 years. This percentage offered by Apple exceeds the average interest of the country's banking entities, which reach 3,1 and 2,65% interest for the same period of time, which undoubtedly makes them sell better.
Much of the capital that the Cupertino giant has is distributed outside the United States and it is best that it stays outside to free itself from a huge amount of interest. Today Apple has $ 220.000 billion in cash of which 190.000 are not in the United States. Needless to say, Tim Cook and his team of financial managers know how to handle the company's huge and growing capital very well.