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Apple Plans Third Bond Sales for 7 Billion in Market

Apple is again expected to take the due advantage of the low interest rates in the market. Apple shall again be conducting the program to collate 7 billion funds from the market. This is the third time when Apple is bringing in sales of their bonds in the market. Apple has decided and in fact readied to sell bonds worth $7 billion.

Apple Plans Third Bond Sales for 7 Billion in Market

According to the undisclosed reports, the five part sale of the Apple bonds in fixed and floating rate went oversubscribed by 3 times. A bond program of 12 billion was announced by Apple in February and another bond sale worth 1 billion was announced in Taiwan last month by the company. Some of the other nations where Apple conducted sales of their bonds included Japan, Australia and United States. A sum of $8B last year, $12B in the year 2014 and $17B in the year 2013 was raised by the company after the sales of their bonds.

Unfortunately Apple has been facing losses from a very long period of time. After the launch of the iPhone 6 the company had to bear a huge amount of the losses in the market, this was probably the first time in the history of their business when Apple went ground low. The shares of the Apple also went down. With the launch of the Apple iPhone 7 there were huge expectations from the market however it has now shown much positive hope for the company.

Though in the Q3, Apple comparatively performed well however still the number of the unit sales of the Apple handsets were low. Apple will be using the raised money for business expansion. In order to make up the losses Apple is also concentrating on their services like Apple Music and expects is to grow by next year.

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