WTF: Apple has more money than the U.S. government; coporate filings reveal $81.5 billion bank account [Details Inside]
The Daily News reports:
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.
Comment
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Comment by BlackEskimo on November 1, 2011 at 7:21am -
Apple's logo symbolizes the forbidden fruit from Adam & Eve. The word "iPhone" really means "eye phone, eye pod, eye pad. That symbolizes the all seeing eye (The eye of Horus/Lucifer) Freemason's. Stephen Gary "Woz" Wozniak is a Freemason. The Apple "eye" phone 4S means the 4 Siri. Siri backwards means "Iris" The Egyptian female god that's why the siri voice is a female. Google the first apple computer and you'll find it sold for $666.66. The sold their souls to the devil for riches and fame.
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Comment by cashew on November 1, 2011 at 1:50am -
where are the Occupy people let occupy apple
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Comment by Tattooist Art Magazine on October 31, 2011 at 9:59pm -
US is a broken country that lives showing what they are not and what they don't have... or lets say, like thos punks pretending to be a G, while they are s***...
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Comment by Tattooist Art Magazine on October 31, 2011 at 9:57pm
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Even though they make billions they still over price their laptops, they could easily drop the price and make them more affordable, that way more people would be able to buy them, and their profit wouldnt drop... apple is too greedy...
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Comment by top 3 = Ross/Banks/Kiss on October 31, 2011 at 8:43pm -
CO-SIGN @ Cashflow
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Comment by Hustle Hawlik on October 31, 2011 at 7:57pm
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THEY DO NOT PAY THEIR EMPLOYEES THE COMMISSION THEY DESERVE!!!!
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Comment by LIL LORD on October 31, 2011 at 7:56pm -
i want dat money. lol.
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Comment by Cashflow on October 31, 2011 at 7:13pm -
What happens when you don't spend money recklessly for 20 years like the US govt did for 20+ years from Regan on forward to Obama.
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Comment by kyle on October 31, 2011 at 5:22pm -
I have more money then the government. All their money belongs to someone else!
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Comment by Follw Me @MyWorldNMyHands on October 31, 2011 at 5:11pm -
It's a more companies out there that has more money than our government. If they put out a list you'd go crazy!!! #FACT
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