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-   -   Apple vs. US Government! [haha] (https://gfy.com/showthread.php?t=1032137)

TheSquealer 07-28-2011 05:46 PM

Apple vs. US Government! [haha]
 
http://www.businessinsider.com/apple...ernment-2011-7


Apple Now Has More Cash Than The U.S. Government

Here's something to keep in mind as you follow this evening's congressional debate over the debt ceiling. According to the latest daily statement from the U.S. Treasury, the government had an operating cash balance of $73.8 billion at the end of the day yesterday.

Apple's last earnings report showed that the company had $76.2 billion in cash and marketable securities at the end of June. In other words, the world's largest tech company has more cash than the world's largest sovereign government. That's because Apple collects more money than it spends, while the U.S. government does not.

Serge Litehead 07-28-2011 05:49 PM

sad and funny at the same time.

alias 07-28-2011 05:52 PM

In pod we trust.

L-Pink 07-28-2011 05:58 PM

Jobs for president.

.

Geometrist 07-28-2011 06:24 PM

Big time irony in them holding more of their own shit. Not to put that too bluntly but people are affected, and those apples ain't edible son.

TheSquealer 07-28-2011 06:25 PM

Quote:

Originally Posted by Geometrist (Post 18315451)
Big time irony in them holding more of their own shit. Not to put that too bluntly but people are affected, and those apples ain't edible son.

http://media.curse.com/CommunityServ...pg-720x540.jpg

96ukssob 07-28-2011 06:25 PM

Quote:

Originally Posted by TheSquealer (Post 18315382)
That's because Apple collects more money than it spends, while the U.S. government does not.[/I]

funny how that works... aint :helpme

Geometrist 07-28-2011 06:40 PM

Quote:

Originally Posted by TheSquealer (Post 18315455)
[IMG][/IMG]

Only something, but don't let me get YOU down.


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