Linked by David Adams on Fri 29th Jul 2011 03:15 UTC
In the News Apple is now more liquid than the United States government, the Financial Post reports. As the government struggles to resolve the debt ceiling debate, the operating balance in Washington is at US$73.768 billion and falling. Meanwhile, Apple has US$75.876 billion.
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RE: Poor analysis
by SilConGeeky on Mon 1st Aug 2011 20:07 UTC in reply to "Poor analysis"
SilConGeeky
Member since:
2011-08-01

Seems people were brain washed by the article that suggests Apple has more cash on hand than the US Govt. Malxau, you were the only one that picked this out.. or came close. Kodus...

Actual "cash on hand" for operations is only
$2,769M ($2.7B) per apples SEC disclosure.
They have other investments they used cash to purchase since god know how long including US Bonds, CD, Mutual Funds, Stocks of other companies, etc etc.

I cant beleive why so many missed this.

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