We all know that Apple is a successful company, but one metric that has everyone talking: The company is sitting on a pile of cash that’s bigger than what the U.S. government has.Citing the latest numbers from the U.S. Treasury and comparing them to Apple’s most recent (and stunning) quarterly earnings report, the BBC and others note that the Treasury has a cash balance of $73.7 billion, and Apple’s cash reserves stand at $76.4 billion.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=108930