Originally Posted by e1618978
Not true - Apple is perilously close to being a good candidate for a hostile buyout. It is important to the business that the cash horde not get too big and that the market cap not get too small. If a hostile buyout occurs, who knows what the new owners will do?
They are nowhere near perilously close to anything and even if they eventually became a candidate for a buyout (at $146 share price), Apple could make moves to take the company private. You think that companies can just randomly buy other massively profitable companies? Who even has the money to be able to do something like this besides Apple and why would outsiders spend so much on Apple? Apple can't even afford itself and it has more money than anyone else.
Far too many companies are leaving money overseas too:
I think there needs to be a major overhaul for taxation that works better for online and international sales. They have proposals like the following to try and enforce variable tax rates on sellers:
It's a necessary consequence but not a practical implementation. Right now companies are not paying the right tax rates and they are keeping money tied up in various places because it's not allowed to flow freely internationally. Financial transactions are pretty much all digital now so I don't see why they can't do something with the financial institutions to track transfers and apply taxes based on that instead of adding a burden to the business owners and that same system would work for physical stores. Business owners shouldn't even have to do their tax returns these days when all the transactions are digital.
Anyway, Apple is doing fine and the stock price right now more accurately reflects their earning potential, which is still huge. Estimates above $500 are pretty unrealistic unless Apple shows massive growth, which they won't.