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Running out of Cash: The world's largest tech company has more cash than the world's largest sovereign government.

By sifilings on Fri, 07/29/11
Society & Culture
Government
Apple Now Has More Cash Than The U.S. Government Daily statement from the U.S. Treasury

Discussion

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Shaynus

NewHappy for Apple

Fri, 07/29/11
As a professional Apple technologist, I’m more happy for Apple in this story than sad about anything. This is a symptom of masses of people adopting Apple technology, which means more customers for me.

This knowledge says a lot less about the US small cash reserves than Apple’s massive cash on hand. Apple is going to start spending its cash by hiring new workers and building a new HQ… that will be bigger in circumference than the Pentagon.

http://www.cultofmac.com/steve-jobs-mega-mothership-apple-hq-is-bigger-…

Related . . .

Topics: American Culture, Big Business, Government, Gallup
  • Gallup: 57% say "big government" is biggest threat to U.S. in the future; 37% say "big business" is
  • Our Nation Is God’s Gift to Us
  • The Bible, Government, and Social Justice, Part 3
  • On Government, Police, and Qualified Immunity
  • What Does Genesis Tell Us About the Nature of Man & Government?

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