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ThisisBigBrother.com - UK TV Forums > Non Big Brother Chat > Serious Debates & News > Apple now has more cash to spend than the United States government.
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Old 29-07-2011, 06:39 PM #1
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Arrow Apple now has more cash to spend than the United States government.
http://www.bbc.co.uk/news/technology-14340470

Quote:
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.
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Old 29-07-2011, 07:14 PM #2
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Apple would give out better sentences to criminals than the Governments have aswell.
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Old 29-07-2011, 07:33 PM #3
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Old 29-07-2011, 08:00 PM #4
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Good for them.
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Old 29-07-2011, 08:06 PM #5
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Wait a few years and imagine the technology Apple will have then. Assuming something massively **** doesn't occur. I don't see Apple stopping anytime soon.
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Old 31-07-2011, 12:27 AM #6
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Originally Posted by Doogle View Post
Wait a few years and imagine the technology Apple will have then. Assuming something massively **** doesn't occur. I don't see Apple stopping anytime soon.
They'll just release more of the same crap

Everything with i in front of it is basically a different version of the same thing

They could combine the iPad, iPod and iPhone into one thing, basically they just take away features on each one then promote each product as if it is something revolutionary, and the hipsters eat it up.
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Old 31-07-2011, 12:40 AM #7
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They'll just release more of the same crap

Everything with i in front of it is basically a different version of the same thing

They could combine the iPad, iPod and iPhone into one thing, basically they just take away features on each one then promote each product as if it is something revolutionary, and the hipsters eat it up.
Well said Chewy.

Although I do love going into the Apple store and seeing all the technology and just being like 'YEAH THIS IS ******ING IT, THE FUTURE YEAH! '

And then having all the 'Geniuses' staring at you.
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Old 31-07-2011, 12:42 AM #8
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Theyve done iPod, theyve done iPhone, theyve done iPad. Surely we cant be far from the unveiling of the iSlab...
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Old 31-07-2011, 12:44 AM #9
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It would be cool if they make an iPhone that like could transform into an iPad with the press of a button. Like it would fold out or something like a transformer.
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Old 31-07-2011, 12:44 AM #10
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Does anyone else find Juan Sheet's posts like so unfunny and awkward?
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Old 31-07-2011, 12:46 AM #11
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Does anyone else find Juan Sheet's posts like so unfunny and awkward?
I don't. Why would Juan's post make you feel awkward?

awkward like how? like if yur trying to taking a piss, and someone is staring at you awkward?

I don't feel that way at all.
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Old 31-07-2011, 12:47 AM #12
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Well said Chewy.

Although I do love going into the Apple store and seeing all the technology and just being like 'YEAH THIS IS ******ING IT, THE FUTURE YEAH! '

And then having all the 'Geniuses' staring at you.
Thats the thing, I understand why Apple do what they do, they're a buinsess after all, it's the 'Chuch of Apple' and their iGod that do my head in
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Old 31-07-2011, 12:48 AM #13
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Apple

And I like Juan as a poster!
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Old 31-07-2011, 12:48 AM #14
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Originally Posted by lostalex View Post
I don't. Why would Juan's post make you feel awkward?

awkward like how? like if yur trying to taking a piss, and someone is staring at you awkward?

I don't feel that way at all.
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Old 31-07-2011, 12:51 AM #15
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Do you want me to feel awkward Patrick because tbh I didnt until you said that, so thanks
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Old 31-07-2011, 12:53 AM #16
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Do you want me to feel awkward Patrick because tbh I didnt until you said that, so thanks
Happy 1,000th post!!
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Old 31-07-2011, 12:55 AM #17
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Until I can actully do proper tools with one of their products then I am not buying anything from then.
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Old 31-07-2011, 12:55 AM #18
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Happy 1,000th post!!
Haha thanks, not how I wanted to write my 1000th post but still yay
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Old 31-07-2011, 12:56 AM #19
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Patrick no need to be so rude. That was totally uncalled for.

And no. In answer to your question
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Old 31-07-2011, 12:56 AM #20
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Haha thanks, not how I wanted to write my 1000th post but still yay
I've got yur back dude GAGA <33333
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Old 31-07-2011, 12:57 AM #21
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Not really when their GDP is like 15 trillion...
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Old 31-07-2011, 04:41 PM #22
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Good for them.


The Yanks have Massive Debt to China

So Any Company thats Big
is doing better that Slow Paced Barack - who has failed the public.
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Old 31-07-2011, 04:46 PM #23
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Well Apple aren't getting money from my my iTunes wont work and I can't access iTunes Store
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Old 31-07-2011, 04:57 PM #24
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Not really when their GDP is like 15 trillion...

18 Trillion
now
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Old 31-07-2011, 05:58 PM #25
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Not really when their GDP is like 15 trillion...
The comparison was for CASH reserves only .....
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