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Apple Sells Bonds

NPR
Wednesday, May 1, 2013

Copyright 2018 NPR. To see more, visit http://www.npr.org/.

On Tuesday, Apple sold $17 billion worth of bonds which is a new industry record. Apple issued the bonds to take advantage of low interest rates as it prepares to make a payout of $100 billion to shareholders by 2015.

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with a scramble for Apple bonds.

(SOUNDBITE OF MUSIC)

MONTAGNE: Apple, yesterday, sold $17 billion worth of bonds - which is a new industry record. Apple issued the bonds to take advantage of low interest rates as it prepares to make a payout of $100 billion to shareholders by 2015. Transcript provided by NPR, Copyright NPR.

View this story on npr.org

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