Apple Now Has More Cash Than The U.S. Government »http://www.businessinsider.com/apple-has-more-cash-on-hand-than-the-us-government-2011-7#ixzz1TVaFTZiI
According to the latest daily statement from the U.S. Treasury, the government had an operating cash balance of $73.8 billion at the end of the day yesterday.
Apple’s last earnings report (PDF here) showed that the company had $76.2 billion in cash and marketable securities at the end of June.
Now, if the government could just release a product as good as the iPhone, then we’d all have better applications. See what I did there?
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