Ha ha haa wana pesa kuliko serikali ya obama.....

[The Boss]

[h=1]Apple Now Has More Cash Than The U.S. Government[/h]Matt Rosoff | Jul. 28, 2011, 8:14 PM | 248,308 | http://www.businessinsider.com/apple-has-more-cash-on-hand-than-the-us-government-2011-7#comments243

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AAPL Aug 1 2011, 10:06 AM EDT

393.71
+3.23	+0.83%

Change% Change

[h=3]See Also:[/h]
[h=4]NO VOTE ON BOEHNER PLAN AS TEA PARTIERS REVOLT [/h]

[h=4]The Debt Ceiling Debacle Is Only The Beginning Of A Major Fiscal Crisis[/h]

[h=4]Sarah Palin Eggs On Tea Partiers -- Threatens To Get Them Fired If They Vote To Raise Debt Ceiling[/h]




Here's something to keep in mind as you follow this evening's congressional debate over the debt ceiling. According to the latest daily statement from the U.S. Treasury, the government had an operating cash balance of $73.8 billion at the end of the day yesterday.
Apple's last earnings report (PDF here) showed that the company had $76.2 billion in cash and marketable securities at the end of June.
In other words, the world's largest tech company has more cash than the world's largest sovereign government.
That's because Apple collects more money than it spends, while the U.S. government does not.

 

[The Boss]

[h=1]Apple holding more cash than USA[/h]

US President Barack Obama is known to be an iPad owner, along with 28 million other people
Continue reading the main story [h=2]Related Stories[/h]

• Key US House vote on debt delayed
• Apple in record sales and profits

Apple now has more cash to spend than the United States government.
Latest figures from the US Treasury Department show that the country has an operating cash balance of $73.7bn (£45.3bn).
Apple's most recent financial results put its reserves at $76.4bn.
The US House of Representatives is due to vote on a bill to raise the country's debt ceiling, allowing it to borrow more money to cover spending commitments.
If it fails to extend the current limit of $14.3 trillion dollars, the federal government could find itself struggling to make payments, and risks the loss of its AAA credit rating.
The United States is currently spending around $200bn more than it collects in revenue every month.
Apple, on the other hand, is making money hand over fist, according to its financial results.
In the three months ending 25 June, net income was 125% higher than a year earlier at $7.31bn.
Spending spree With more than $75bn either sitting in the bank or in easily accessible assets, there has been enormous speculation about what the company will do with the money.
"Apple keeps its cards close to its chest," said Daniel Ashdown, an analyst at Juniper Research.
Industry watchers believe that it is building up a war chest to be used for strategic acquisitions of other businesses, and to secure technology patents.
Bookstore Barnes and Noble and the online movie site Netflix have both been tipped as possible targets, said Mr Ashdown.
The company may also have its eye on smaller firms that develop systems Apple might want to add to its devices, such as voice recognition.
Apple dipped into some of its reserves recently when it teamed-up with Microsoft to buy a batch of patents from defunct Canadian firm Nortel.
The bidding consortium shelled out $4.5bn for more than 6,000 patents.

 

[Innovator]

It got me thinking..

 

[The Boss]

yaani....................

 

[BAK]

Apple sasa hivi wapo katika anga nyingine kibiashara

 

[MaxShimba]

the government had an operating cash balance of $73.8 billion at the end of the day yesterday.
Apple's last earnings report (PDF here) showed that the company had $76.2 billion in cash and marketable securities at the end of June.

Out of 76.2B of apple, how much is operating cash?

 

[Nyambala]

Apple sasa hivi wapo katika anga nyingine kibiashara

And just few years ago ilikuwa ni kampuni inayoonekana kuelekea kufa, Steve Jobs is really inspiring!

 

[AshaDii]

Napenda their logo and Brand...

 

[i411]

[h=1]Apple Now Has More Cash Than The U.S. Government[/h]Matt Rosoff | Jul. 28, 2011, 8:14 PM | 248,308 | 243

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Image: jeffsand via Flikr
AAPL Aug 1 2011, 10:06 AM EDT

393.71
+3.23	+0.83%

[h=3]See Also:[/h]
[h=4]NO VOTE ON BOEHNER PLAN AS TEA PARTIERS REVOLT [/h]

[h=4]The Debt Ceiling Debacle Is Only The Beginning Of A Major Fiscal Crisis[/h]

[h=4]Sarah Palin Eggs On Tea Partiers -- Threatens To Get Them Fired If They Vote To Raise Debt Ceiling[/h]




Here's something to keep in mind as you follow this evening's congressional debate over the debt ceiling. According to the latest daily statement from the U.S. Treasury, the government had an operating cash balance of $73.8 billion at the end of the day yesterday.
Apple's last earnings report (PDF here) showed that the company had $76.2 billion in cash and marketable securities at the end of June.
In other words, the world's largest tech company has more cash than the world's largest sovereign government.
That's because Apple collects more money than it spends, while the U.S. government does not.

The boss una hisa huko kwa apple naona wewe ndo wale wenje hisasa sasa wafurahia mona kwa moja mpaka banki

 

[Nyambala]

Napenda their logo and Brand...

Simple and unique!

 

[The Boss]

Simple and unique!

kabisaa

 

[AshaDii]

Simple and unique!

Exactly...