Did you know that Apple, an electronic brand (most popularly: Computers), has more money than the U.S. Government as of June, 2011? Don't believe me? It's true. On June 26th, 2011, the U.S. Treasury stated that the government has a total available balance of approx. $73.8 billion. The last recorded balance Apple has gained is approx. $76.2 billion in cash alone, by the end of June.
Can you believe the universe's biggest technical corporation has a few billion more bucks that the earth's largest sovereign government?
That's because Apple earns more money than it spends, while, on the other hand, the U.S. government does not.
Ya learn something new everyday huh? Maybe you should take a few notes next time Mr. President.
President Obama Vs. Apple Co. |
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