Reaching milestones and breaking records are nothing new for Apple, but their latest achievement is a whole different ball game. Based on their June quarterly earnings report, Steve Jobs and company reported having more cash than the United States government.
As it is, the U.S. Treasury Department stated that they have an operating balance of $73.768 billion. In contrast, Apple reported cash reserves of $75.876 billion.
Damn, No excuse to be given out free iPods now.