Friday, July 29, 2011

Money To Spend: Apple: $75.876 Billion. U.S. Government: $73.768 Billion.

15 years ago, Apple was on the verge of default. Today, the United States government is. Let's hope that in 15 years, our government will have been able to turn it around the way Apple has. As is being reported by just about everyone, following their massive third quarter, Apple now has more cash (and cash equivalents) on hand than the U.S. government has for its entire operating balance. Apple has $75.876 billion. The U.S. government has $73.768 billion. Wow.

Source: feedproxy.google.com

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