Posts Tagged ‘Steve Jobs’

Steve Jobs now has more cash than the Uncle SAM (U.S. government)

July 29th, 2011 by shaikhzaid under iPhone

According to Financial Post reports, Apple is now more liquid than US Govt.

The U.S. Treasury Department said on Thursday that Washington now has a total operating balance of only US$73.768-billion.Meanwhile, Apple currently boasts a cash reserve of US$75.876-billion, as of its most recent quarterly earnings report at the end of June.