Apple News

Apple Planning To Raise 4 Billion Debts from Asia Pacific Market

In the recent news, Apple has expressed interest in issuing bond in Taiwan and Australia for raising capital. The report confirms that Apple is looking to raise around 4 billion from the markets of the Asia‐Pacific region. It has been widely confirmed by the reports of The Wall Street Journal that Apple will be raising around 3 to 4 billion dollars from the above market.

Apple Planning To Raise 4 Billion Debts from Asia Pacific Market

The new first went viral on Wednesday when it was said that Apple is looking to issue bonds and raise some capital in Taiwan with bonds for the Australians too. Earlier it was suggested that Apple is looking to raise 1 Billion from each of the countries after the sale of their bonds however now the expected sum ha just doubles up. The share capital raised by the company from the market depends on the demand of their binds too. The figure may differ from the actual raised capital.

This is just the expected projection of the company looking at the market strength. Apple wants to grow worldwide and is also expressing their interest in Japan and Singapore market. According to the reports, Apple has somewhat $33 billion in hand in cash however the majority of the cash is in overseas market for the company. In order to bring back the cash they will have to spend significantly therefore Apple maintains its portfolio in overseas. Apple has been raising their bonds under various currencies like Yen, Pound, Swiss Francs, Euro, Australian Dollars, etc. This is one of the strategies of the Apple towards saving higher amount of taxes worldwide. It has also helped Apple to get familiar with the other markets and hence again and over all approach worldwide in business. They have known about the pros and cons of the other markets apart from United States.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top