July 30, 2011

"Apple has more cash on hand than the US government."

"The Treasury reported a total operating cash balance of $73.768 billion, while Apple is reported to be holding $75.876 billion according to Apple Insider."

17 comments:

traditionalguy said...

Apparently Apple has a Jobs program.

Triangle Man said...

Give it a week and Meadehouse will have more cash on hand than the US government.

rhhardin said...

Apple's cash is probably in Treasuries.

Curious George said...

Yeah, but the US Government is coming out with a 4G phone than has a 12 megapixel camera with Carl Zeiss optics, Integrated GPS, Web browsing with touch control, FLASH. and home screen access to Facebook and Twitter. And the commerce clause. So no worries.

Jay said...

Apple has products America actually wants.

shirley elizabeth said...

Not just America. Apple has products everyone want. If only...

MikeinAppalachia said...

Old "joke"-What is the difference in the Boy Scouts and the US Government? The Boy Scouts have adult leadership.
Apple has adult leadership.

edutcher said...

Apple has a business model that works.

The US hasn't since Taft.

G Joubert said...

You'd think Steve Jobs would be worth a lot more than a measly 8 billion.

PatCA said...

I can see the commercial now, with the cool Apple kid versus the broke fed.

shirley elizabeth said...

That's it. I'm moving to Apple.

n.n said...

Brilliant, traditionalguy!

BJM said...

Another eeeeevilll corporation off-shoring manufacturing, raping Gaia's resources and hoarding cash.

Penny said...

What the people make, the Government takes.

How else would they get $73 billion? I mean it's not like they make anything.

george said...

My couch cushions have more cash than the US government.

galdosiana said...

Well, looks like the liberals have another big, rich corporation to protest.

Oh...

Sixty Grit said...

I found $600 in my house the other day. Given my lack of financial obligations, I have more money than the government.