apple has more money than us government?
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According to the latest statement from the U.S. Treasury, the government had an operating cash balance Wednesday of $73.8 billion. ... Tech juggernaut Apple had a whopping $76.2 billion in cash and marketable securities at the end of June, according to its last earnings report.
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Apple was the first to make a digital color camera. The name iPod was inspired by the movie 2001: A Space Odyssey. At present, Apple is the largest publicly traded company in the United States. Apple's cash on hand, around $155 billion, could give everyone in the US, $490.00!
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Samsung is for high reward, Apple for lower risk I think both companies are currently excellent values, but investors with a lower risk tolerance should probably opt for Apple. The company's results are less volatile, and its corporate governance is much, much better.
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WATCH: Apple investor gushes over $1 trillion market value Apple is now worth over half of Canada's $1.7-trillion dollar economy and far more than most other countries.
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Apple's Factories Are “Sweatshops” — But They're Better Than Competition, Says Labor Activist. ... And the conditions in those factories are worse than the ones of Apple,” he said. However, Li says that conditions in the supply chain are not the responsibility of the suppliers themselves or the Chinese government.
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China will be a black eye The Greater China region is Apple's third largest revenue generator by region behind Europe and the U.S. In Q1 2020, the company saw $13.6 billion in sales in China, while Europe and the U.S. garnered $23.3 billion and $41.4 billion, respectively.
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Apple has constantly been in the media for the sheer amount of money which it has – investments of around US$200 billion. ... Instead of paying this tax, Apple long preferred to hold its cash overseas rather than bring it back into the United States. As Apple's overseas sales have grown, so has its cash pile.
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That's because Apple's price per stream is $0.00675, a good deal higher than Spotify's $0.00348. to put that into perspective, Spotify pays out between $3,300 - $3,500 for every one million plays a song gets, whereas Apple is paying around $6750 for the same amount.
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Why Apple products are so expensive. Apple's reputation and brand allow it to charge a premium for its high-end products like the iPhone 11 Pro Max. And adding memory or storage to these products increases the cost even more. Because of this "Apple Tax" Apple products are often more expensive than its competitors.
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Apple now has $207.06 billion cash on hand, according to the company's fiscal first-quarter earnings report released on Tuesday. ... It's down about 15% from this quarter last year, when it reported a cash pile of $245 billion. Apple continues to host one of the largest cash piles of any U.S. company.
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On many wealth indicators the UK is much richer than the US. According to Wikipedia…. ... As for GDP per capita, UK GDP per capita overtook the US in 2007, but has since fallen down below due to the 2008 recession and strong government spending cuts in the UK.
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Apple now has $207.06 billion in cash on hand, up slightly from last quarter. Apple disclosed its cash on hand in its fiscal first-quarter earnings report on Tuesday.
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Apple now has 861.74 million shares outstanding, a significant drop from just one quarter ago when it had 892.55 million outstanding shares. The company's stock buyback program acquired 31.7 million shares in the March quarter, and will retire them.
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With $256 billion, Apple has more cash than Amazon, Microsoft and Google combined. Apple passed a new milestone Tuesday — reporting more than $256 billion in cash and marketable securities.
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Apple is Ireland's largest company. Apple is once again Ireland's largest company with sales of almost €120bn. The tech giant dominates the list of 1,000 companies, with only two indigenous Irish companies in the Top 10.
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At $1.3 Trillion, Apple Is Bigger Than These Things.
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IMHO the ipad necessarily has to cost more than an iPhone , because technically a much bigger retina display(of the same class as iPhone) and a much much larger battery(11000 mAh vs iPhone's paltry 1440 mAh). The iPhone costs about 200$ (variations based on memory). Now why does apple price it over iPad.