Apple Selling $5.5 Billion in Bonds

The transcript discusses Apple's borrowing strategy, highlighting that its borrowing is minimal compared to its balance sheet. It explores why Apple isn't borrowing more and how it could creatively use its funds, such as through M&A. Regulatory challenges are noted as a barrier to large acquisitions. The transcript also touches on market opportunities for other companies, like Oracle and Broadcom, and their financing needs.

What is the main reason Apple is able to borrow at favorable rates?

• Their strong credit quality

• Their low investor demand

• Their high cost of equity

• Their large balance sheet size

Why might Apple be hesitant to engage in large M&A deals?

• Limited market opportunities

• High cost of debt

• Regulatory environment concerns

• Lack of available capital

What is one potential acquisition target mentioned for Apple?

• Tesla

• Google

• Netflix

• Amazon

Which company recently announced a $60 billion acquisition of VMware?

• Apple

• Broadcom

• Oracle

• Microsoft

What is a significant trend in tech issuance mentioned in the transcript?

• Increase in tech issuance by 50%

• Decrease in tech issuance by 50%

• Stable tech issuance year over year

• Tech issuance doubling year over year