WTF: Apple has more money than the U.S. government; coporate filings reveal $81.5 bil

[Dana]

Apple revealed it has a staggering $81.5 billion in cash in the bank, according to reports.

That's more than more money than even the U.S. government has, documents show.

The tech giant disclosed parts of its 10K filing earlier this week, claiming ​

it has 13.2 million square feet of building space

,​

employs 60,400 full-time workers

and ​

made more than $37.5 billion in cash

profits during the last fiscal year.

But Chief Executive Tim Cook said that money is not ​

"burning a hole in his pocket"

and that he wasn't going to do "silly things" with it.

Cook, who took over for Steve Jobs in August, told investors in a call Wednesday ​

he was in no hurry to decide what his company will do with the money.

http://www.thisis50.com/profiles/blogs/wtf-apple-has-more-money-than-the-u-s-government-coporate-filings

Kinda funny the original source took the article down.

 

[Tuffdisc]

Re: WTF: Apple has more money than the U.S. government; coporate filings reveal $81.5

This has been said earlier than 31st Oct

 

[hh1183]

Re: WTF: Apple has more money than the U.S. government; coporate filings reveal $81.5

It is not helpful to me - as it is NOT my money

 

[Darrell]

Re: WTF: Apple has more money than the U.S. government; coporate filings reveal $81.5

The FDIC only ensures up to 250k. They must have a lot of accounts.