That's right. Apple is currently more liquid than the U.S. government:
As Republicans and Democrats continue to work towards a compromise to the country's debt ceiling crisis, the U.S. Treasury Department said on Thursday that Washington now has a total operating balance of only US$73.768-billion.
Meanwhile, Apple currently boasts a cash reserve of US$75.876-billion, as of its most recent quarterly earnings report at the end of June.
14 comments:
Oh wow, thats big hahaha i dont know what to say
This IS a big issue ya know. Who do you think is at fault?
Why does that not at all surprise me?!?
lol if they keep going like that soon even I will have more cash than the U.S Government... :-p
Dangg, reminds of resident evil like all the big corporations are going to start taking over like umbrella. lmao.
How about that, everyone was wrong, it was Apple that wanted to take over the world.
i lol'd
I'm surprised, but not amazed..
What will they do with the money anyway?
Well that doesnt surprise me one bit! lol.
Thats crazy, haha
It's a sad day when a pathetic company that produces mockeries of proper technology has more money than the government.
Apple is going to buy the US :)
Our Proto-cyberpunk society seems to be going into cyberpunk society pretty soon sadly...
bornoutofbinary.blogspot.com
go apple
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