Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Apple once had more cash than the US government
short by Vani Vivek / on Thursday, 28 July, 2016
Tech giant Apple's third quarter statement in 2011 reflected higher cash and cash equivalents than the US government's operating balance on July 28, 2011. The statement from the US Treasury showed an operating cash balance of $73.8 billion, while Apple had over $76 billion in cash and marketable securities at the end of June 2011.
read more at Google