The GOP tax plan could save US tech billions -- these 4 companies alone have $500 billion abroad

November 06, 2017

CFRA analyst Scott Kessler estimated in October that Apple, Cisco, Microsoft and Oracle would be the biggest beneficiaries of a lower tax rate on repatriated earnings. Indeed, Apple CEO Tim Cook has said he would want to invest more in the U.S. if Apple repatriated foreign earnings, and Cisco chief Chuck Robbins told CNBC after the election that he would put the money toward a combination of dividends, buybacks and M&A activity.