Mr. President, Jobs Okayed the Loan but There’s Some Kind of Exclusivity Clause
Something to consider while mulling the ongoing debt ceiling debate. Apple’s cash balance today exceeds that of the United States government. According to a Wednesday statement from the U.S. Treasury, the government has an operating cash balance of $73.8 billion, less than the $76.2 billion in cash and marketable securities Apple disclosed in its latest earnings report.