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Apple Inc is now richer than the US federal government Apple Inc is now richer than the US federal government
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Old 07-29-2011, 02:50 PM   #1 (permalink)
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Default Apple Inc is now richer than the US federal government
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Apple now has more cash to spend than the United States government.

Latest figures from the US Treasury Department show that the country has an operating cash balance of $73.7bn (£45.3bn).

Apple's most recent financial results put its reserves at $76.4bn.
BBC News - Apple holding more cash than USA

God damn. If apple chose to give all that spare money out as bonuses to all its employees, it would be 1.6 million dollars per person.
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