prof. hintzance. why would apple need to finance with a positive cash flow like they have? they would not technically. but these guys are looking out further, they are looking out into a world where rates will rise, and in that environment they should have some level of leverage. they are being handed an economic gain by the marketplace. tom: professor hintz, professor hintz, are they un-american because they have all of that money abroad between the bond deal to bring money back to the fatcats that own apple? prof. hintz: [laughs] the answer is no. what is the motivation? the motivation is to the shareholders. minimize your tax liability, do not bring it back. now, you change the rules, you bring it back, but you will not bring it back until then. the games being played by corporations today are games that i learned as a brand-new mba in chevron's treasury 1970's. -- in chevron's treasury in the late 1970's. olivia: apple tv could change your world. craig: the iphone is a pretty tall order, but