REAL WORLD EVENT DISCUSSIONS

Apple now has more cash than the U.S. government

POSTED BY: NIKI2
UPDATED: Friday, July 29, 2011 11:23
SHORT URL:
VIEWED: 622
PAGE 1 of 1

Friday, July 29, 2011 7:46 AM

NIKI2

Gettin' old, but still a hippie at heart...


Maybe we should ask HIM for a loan?
Quote:

Maybe the cash-strapped U.S. government should start selling iPads.

According to the latest statement from the U.S. Treasury, the government had an operating cash balance Wednesday of $73.8 billion. That's still a lot of money, but it's less than what Steve Jobs has lying around.

Tech juggernaut Apple had a whopping $76.2 billion in cash and marketable securities at the end of June, according to its last earnings report. Unlike the U.S. government, which is scrambling to avoid defaulting on its debt, Apple takes in more money than it spends. http://www.cnn.com/2011/TECH/innovation/07/29/apple.cash.government/in
dex.html?hpt=hp_t2




NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, July 29, 2011 11:23 AM

DREAMTROVE


Quote fail, and the govt. has $2 trillion in revenue and $3 trillion in cash now, which is more than Apple. Also, the govt. is just asking to borrow $3 trillion more for '11 and '12 because they overspent.


That's what a ship is, you know - it's not just a keel and a hull and a deck and sails, that's what a ship needs.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

YOUR OPTIONS

NEW POSTS TODAY

USERPOST DATE

OTHER TOPICS

DISCUSSIONS
Putin the boot in ass
Tue, March 3, 2026 14:11 - 119 posts
Trump Presidency 2024 - predictions
Tue, March 3, 2026 13:12 - 119 posts
The war on Iraq has made moral cowards of us all
Tue, March 3, 2026 13:03 - 62 posts
Isreal commited WAR CRIMES ! So says UN supported Goldstone Report !!!
Tue, March 3, 2026 13:01 - 28 posts
Stupid voters enable broken government
Tue, March 3, 2026 12:59 - 158 posts
A Question of NATO
Tue, March 3, 2026 12:41 - 23 posts
Giant UFOs caught on videotape
Tue, March 3, 2026 12:40 - 20 posts
Have we really won the culture wars?
Tue, March 3, 2026 12:37 - 28 posts
Steve Bannon Believes The Apocalypse Is Coming And War Is Inevitable
Tue, March 3, 2026 12:35 - 199 posts
Eurabia, jihads in Asia. Southern Russia Burns / islamo jihadi Caliphate in Progress
Tue, March 3, 2026 12:15 - 25 posts
Hezbollah declares war on Israel (again)
Tue, March 3, 2026 12:13 - 17 posts
From the Desk of Donald J Trump
Tue, March 3, 2026 12:11 - 349 posts

FFF.NET SOCIAL