According to figures released recently by TechCrunch, during the third quarter of 2011, thanks to the public’s love affair with the iPhone and the iPad, Apple now has $75,876 billion in cash on-hand, while the U.S. government has only $73,768 billion. Wouldn’t it be nice if, as John McCain wrongly believed, these American products were actually made in America? But, sadly, being the brilliant CEO that he is, Steve Jobs has exported the Jobs, Jobs, Jobs overseas—to China, where money now grows on trees, like apples.
I couldn’t believe this! I’d like to know the cash on hand at Exxon, etc, too….
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