While I was already aware that Apple’s $76 billion in cash made them a fairly big player, it was only recently that I realized just how big. According to a new report, Apple’s massive cash balance exceeds the United States’ entire operating balance.
While the phrase “richer than a small country” has crossed my mind before when pondering Apple and their financial success, I never imaging that they were actually richer than the world’s largest sovereign nation!
Congratulations, Steve Jobs – now will you please just buy the United States and turn it into the Nation of Steve?