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Apple May Repatriate at Least $5 Billion in 2017, Cook Suggests

  • CEO forecasts cash coming back to U.S. on Irish radio
  • Apple has $215 billion kept overseas, eyes U.S. tax reform
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Apple Appealing EU Tax Ruling of $14.5B

Apple Inc. may bring at least $5 billion of its offshore cash back to the U.S. next year, Chief Executive Officer Tim Cook suggested in an interview on Irish radio.

“We provisioned several billion dollars for the U.S. for payment as soon as we repatriate it, and right now I would forecast that repatriation to occur next year,” Cook told RTE Radio 1.