Most of Apple’s money is made abroad. Is there a reason why it should come back to the US at a loss for the stock holder?
They are a US company, reaping the tax benefits of that nexus. If they'd been an EU company, they would have paid a lot more in various taxes (including higher wage taxes) over the last 40 years. IOW, they would not be as wealthy a company today.
Tons of countries tax worldwide income.