Custom Search

Powered by Squarespace
« Here Is The White Samsung Galaxy S2 [Picture] | Main | Microsoft Working On An Update For Office But It Will Take Time [Lion] »
Friday
Jul292011

Apple Has More Money Than The United States Government

Here is an interesting figure and I will say an alarming one. As of today Apple has more money in the bank than the United States Government.

The Treasury Department say that the U.S Government has an operating cash balance of $73.76 billions while Apple has $76.3 billions.

And while Apple keeps adding more cash every day the government is burning it. And with the U.S unable to issue new money due to the debt ceiling stalemate things are not looking very good.

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>