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Monday
Aug012011

Apple now has more cash on hand than the Federal Government

DateMonday, August 1, 2011 at 1:58PM

So what does it say about our country when Apple has more money than the Federal government?  Maybe America should hit up Apple for a loan.  As of this last quarter, Apple has over 76 Billion in cash on hand.  The government?, a little over 73 Billion.  Keep in mind the Iphone 5 is due out soon, so expect that number to jump up a bit more.  For more, read the article from Time magazine.

AuthorThom McClain | CommentPost a Comment |

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