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news and commentary for investors Friday, Jul 29 2011, 4:36 AM
Despite a revenue base that dwarfs Apple's (AAPL) ($2.16T vs.
$63.5B for FY'10), the U.S....  Despite a revenue base that
dwarfs Apple's (AAPL) ($2.16T vs. $63.5B for FY'10), the U.S.
government currently has less cash on hand than the world's
largest tech firm. The Treasury said yesterday its "Total
Operating Balance" is $73.8B; Apple's current cash reserves are
$75.9B, as of its recent quarterly report. Track new comments on
this story  This news story has 14 comments:    • Maybe Steve
will buy the Capitol and evict the Government and turn the
Rotunda into a huge Apple Store. It would certainly be more
productive.     29 Jul 2011, 05:15 AM Reply Like   • Well, a
company/organization having much better management will usually
produce such a result.     29 Jul 2011, 05:50 AM Reply Like   •
That's the way it's supposed to be. If the US gov't had a
surplus people would be screaming that t