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Apple now has more cash than the federal government

The Financial Post has reported this morning that Apple now has more cash than the Federal Government. The US currently has about $73 billion dollars, while Apple has around $76 billion dollars. Cash has always seemed like kind of a silly measure when an entity is loaded with debt. Having $5oo in your pocket isn’t meaningful if you owe thousands all around town, but that is a whole other can of worms.

This reminds me of the old Chinese curse: “May you live in interesting times.”