Re:Apple now has more cash than the U.S. government
by lukesandberg on Friday July 29, 2011 @09:44AM
(#2821668)
Saying that Apple has more cash than the treasury is misleading. The apple numbers are based on total assets (including property for instance) whereas the treasury numbers are based on liquid operating budget.
Im sure that the treasury would have a good leg up on apple if it was allowed to add the value of the governments property to the mix.
Im sure that the treasury would have a good leg up on apple if it was allowed to add the value of the governments property to the mix.