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Even China's CFOs Are Copying Apple
Baidu has plenty of cash. Is a share buyback on the cards?
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Apple is a hit in China, and not just with consumers. Now, the nation's CFOs have joined the fan club.
It isn't the devices getting financial execs all excited, rather Apple's balance-sheet strategy. Over the past few years, the iPhone maker has taken to issuing debt to increase its return on equity and give money back to shareholders.