If we consider the recent budget and bankruptcy debates of the U.S. government, this piece of news may not be that surprising, but it is a testament to the enormous stockpile of monetary resources Apple has at its disposal. According to Business Insider, the U.S. had an operating cash balance of $73.8 billion as of yesterday, while Apple's war chest including cash and marketable securities is at $76.2 billion.
“In other words, the world's largest tech company has more cash than the world's largest sovereign government,” Business Insider wrote.
2DayBlog.com, Apple has more cash than the federal government
