苹果要不要买下匈牙利_BEC初级作文

苹果要不要买下匈牙利

苹果要不要买下匈牙利1

Yesterday was Apple's shareholder meeting and, as many of you know, there's been healthy debate about what they should do with its $137 billion in cash. I had read somewhere that Apple's cash pile was equivalent to Hungary's GDP so perhaps an activist shareholder should push an acquisition of Hungary rather than thinking small (e.g., increasing dividends or issuing preferred stock).

上周，苹果公司（Apple）召开了股东大会。正如大家所知，大会对苹果如何使用所持的1,370亿现金展开了积极的讨论。我看到有篇文章说，苹果的现金储备差不多等于整个匈牙利的GDP，所以也许某个激进主义的股东应该推动苹果收购匈牙利，而不是干些小打小闹的事情（比如增加股息，或者发行优先股）。

Hungary probably wouldn't sell its sovereignty and entire economy for 1x sales, but Apple (AAPL) has no debt so they could probably lever the deal and borrow money on top of $137 billion in equity. For some reason, the notion of Apple hiking the taxes of Hungary to fund a dividend recap just amuses me…

匈牙利可能不愿意把主权和整个经济体拱手卖出，不过由于苹果没有债务，匈牙利或许能将这笔交易作为杠杆，在1,370亿美元资本的基础上借贷到更多钱。想到苹果将使匈牙利的税收提高，从而为股息资本重组筹集资金，我就觉得很搞笑……

More seriously, what should Apple do with a massive and growing pile of cash? The three obvious buckets are to invest heavily in new products (the Apple TV or iWatch or whatever), return cash to shareholders (via dividends, buybacks, new class of preferred shares, etc) or acquire stuff. Besides Hungary, what M&A strategies actually make sense?