Apple is planning its finances through 2046


Apple's planning for its future.
Photo: Ste Smith/Cult of Mac

Apple is getting its financial house in order, filing for a series of maturities running from 2018 through 2046 — or roughly around the time the iPhone 22 will be released.

According to Apple’s filing, the maturities will raise money for purposes including share repurchases, dividend payments, and assorted acquisitions.

Bloomberg claims that Apple is also planning to issue seven-year green bonds, which are typically used to back clean energy or sustainable initiatives, both of which are close to the heart of Apple’s CEO.

No details about the exact figures or interest rates has been released, although it is noted that the offering includes floating rate notes with maturities due in 2018 and 2019, along with fixed rate notes with maturities starting in 2018 and running until 2046. With Tim Cook set to be 86 by then, that’s quite a bit of forward-planning.

Other than a possible Apple Car, anyone want to hazard a guess as to what Cupertino will be working on circa 2046?

Source: MarketWatch


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