Apple Sitting on More Cash Than the U.S. Government

MG Siegler comments:

15 years ago, Apple was on the verge of default. Today, the United States government is. Let’s hope that in 15 years, our government will have been able to turn it around the way Apple has.

Not if the Republicans have anything to do with it! Not with their government can’t mentality and smaller government credo.

Apple has $75.876 billion. The U.S. government has $73.768 billion. More here.

Apple stock topped $400 per share on Tuesday.

5 Comments

  1. Better management.

  2. Is Apple known for ridiculous over-spending?

  3. And yet the more conservative Republicans make the claim that the government has enough money to pay the bills indefinitely after August 2nd.

  4. Apple doesn’t suffer (anywhere as much) the evil corporate stigma that Microsoft or the oil companies do — else there’d be cries to tax the hell out of Apple (“paying their fair share”).

  5. So Apple is one of those terrible corporations that is sitting on their money?

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