Spyder Boys' Big Red Jacket Racing Softshell ff8qxwAr

Green Quilted Winter Down Army Warm Outdoors Generic Mens Casual Coat Jacket ZHB7qwvx

Investing more domestically doesn’t change the fundamental structure of iPhone maker’s business

Softshell Red Big Spyder Boys' Jacket Racing U.S. companies are holding more than $2.6 trillion in profits across the globe and they haven't paid U.S. taxes on it. Why is so much money offshore, and how could the tax code be changed to bring it back? WSJ's tax reporter Richard Rubin dives in. Photo: Heather Seidel/The Wall Street Journal

For Apple Inc., bringing billions of overseas earnings home is one thing. Keeping it there is quite another.

Such is the conundrum facing the world’s most valuable company, which also happens to the world’s largest design studio. Apple makes nothing in the most traditional sense. The company farms out the labor-intensive manufacturing of its best-selling devices to production partners worldwide—though mostly in China. This still isn’t cheap. Apple had nearly $15 billion in capital expenditures in the fiscal year ended September,...

Popular on WSJ

Parkas Trench Ladies with Long Parka Parka Military Winter Hood Fall Coats Padded Thick Womens Coat Blue Anoraks Navy Jacket AxX55Zwpq
Spyder Boys' Big Red Jacket Racing Softshell ff8qxwAr Spyder Boys' Big Red Jacket Racing Softshell ff8qxwAr