system
A chat on subreddit /r/wallstreetbets
human
Probably a dumb question. .

If Apple's cash reserves are so high why don't they pay down their debt?
gpt
Because right now they get more in interest payments on their bond holdings and short term Tbills than their debt costs.  MSFT does this as well, they literally get 2x their annual debt expense in coupon payments from their bond holdings.