Apple is Wealthier than the US Government

Apple company
Apple company

At present, Apple holds a lot of money compared to the government of US report says. So anyone can think that Apple has the ability to spend more than US can do.

The United States is presently holding $73.7bn as operating cash based on the most recent figure released by the Treasury Department of United States.

On the other hand, Apple owns $76.4bn as the most up-to-date financial result that was released.

This is probably one of the reasons why the House of Representatives of the US government is set to cast their votes to be able to lift up the debt ceiling for United States.

In this way, the country will have the opportunity of borrowing a greater amount of cash for worthy purposes.

Nearly $200bn is the estimated monthly expenses of the US. It only shows that it spends more than its revenue collection.

Meanwhile, Apple gladly sees its progress. In fact, an increase of 125% had been calculated in terms of their income compared to $7.31bn net income of the previous year.

This seemingly leads to some sort of speculations asking what the Apple Company could do for that huge amount of cash. One thing that Apple must tightly protect will be their technology patents.

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