The probability of a U.S. corporate tax overhaul has never been higher. Episode 114 is dedicated to discussing how upcoming changes to the U.S. corporate tax code will impact Apple. We begin by going over Apple's current cash dilemma. The discussion then turns to the two significant changes that will take place with Apple's cash and balance sheet strategy assuming the U.S. corporate tax code is overhauled. The rest of the episode is dedicated to talking about Apple's excess cash and the options to spend the excess cash that Apple faces. Receive my analysis and perspective on Apple throughout the week via exclusive daily emails. To sign up, visit AboveAvalon.com/membership.