Apple wealthier than U.S Government

2 Aug

You might have guessed that Apple is a wealthy company, and you’re right, they are! But did you know they were this wealthy? According to a recent statement released by the U.S Treasury Department the U.S government has $73.8 billion dollars in operating cash and although this quite a sum it does not nearly stand up to the thunder rendering $76.2 billion dollars in tax-free usable cash that Apple has and although at a glance it may shame the U.S Government you have to consider that Apple is a worldwide company they branch of to Europe, Asia, Australia, South and North America in contrary to the U.S Government which well operates in only the United States of America and above that the U.S Government has to be constantly investing that money in order to keep America afloat and even though Apple may also have to re-invest their money the money they re-invest does not even match that of the U.S Government has to re-invest and there are also many factors regarding why the statistics show this result but all content aside and no matter the variables when you look at it Apple is wealthier than the U.S Government.

Advertisements

2 Responses to “Apple wealthier than U.S Government”

  1. monkosblogs August 2, 2011 at 2:55 pm #

    Well written article, although not an Apple fan myself. I find that they reverse engineer a lot of there technology. Then sue when someone builds on something they’ve created, hinders innovation and creates a monopoly.

    Check out What is Linux? @ monkosblogs.info

    • scewre August 2, 2011 at 3:05 pm #

      I feel the same way but to be honest any way Apple does it they seem to make a better product then their competitors.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: