Apple accumulates massive profits every year and they are extremely strong financially. But the condition of the share market is turbulent and they have announced a huge bond sale of around $12 billion. The prospectus supplement has been filed and they are ready to pay the dividends. Top investors scrutinize Apple’s stock and some blue‐chip firms always test their appetite. If the market condition doesn’t change for about two weeks, they lose patience. Two other companies Anheuser‐Busch and AT&T also issued bond sales of $45.8 billion and $5.99 billion respectively. Apple has many payments to take care of and this money will serve that purpose.

So what’s the future policy? The company will give out floating rates which will mature 2‐3 years later and apart from that fixed rates will also be given. 2046 is an important year, as they have proposed a bond due in that year to earn percentage points. That’s not all, Apple will venture in several sustainable initiatives and look to invest in clean energy, and green bonds are expected to be issued for that. Apple is rich and the net worth of the tech giant is approximately $215.7 billion, still they took help from debt markets. 93% of Apple’s cash is located abroad and if they wanted to bring it home, taxes will be added on.

Apple’s executives are confident of this move and they believe their strategy is “very active”. The target of their dividend program was $200 billion and they have successfully completed $153 billion. On Tuesday, another big company IBM sold $5billion bonds which comprised of different maturities; Comcast’s deal was worth $2.25 billion. So quite naturally, companies are not depending on their assets and they are determined to clear debts, hedge funds are utilizing it to the fullest. In 2015, the price of Apple’s share dropped and this incident was taken very seriously by the top executives.