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Getbig Main Boards => Gossip & Opinions => Topic started by: GRACIE JIU-JITSU on July 29, 2011, 02:52:56 PM
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Apple now has more cash to spend than the United States government.
Latest figures from the US Treasury Department show that the country has an operating cash balance of $73.7bn (£45.3bn).
Apple's most recent financial results put its reserves at $76.4bn.
The US House of Representatives is due to vote on a bill to raise the country's debt ceiling, allowing it to borrow more money to cover spending commitments.
If it fails to extend the current limit of $14.3 trillion dollars, the federal government could find itself struggling to make payments, and risks the loss of its AAA credit rating.
The United States is currently spending around $200bn more than it collects in revenue every month.
Apple, on the other hand, is making money hand over fist, according to its financial results.
In the three months ending 25 June, net income was 125% higher than a year earlier at $7.31bn.
Spending spree
With more than $75bn either sitting in the bank or in easily accessible assets, there has been enormous speculation about what the company will do with the money.
"Apple keeps its cards close to its chest," said Daniel Ashdown, an analyst at Juniper Research.
Industry watchers believe that it is building up a war chest to be used for strategic acquisitions of other businesses, and to secure technology patents.
Bookstore Barnes and Noble and the online movie site Netflix have both been tipped as possible targets, said Mr Ashdown.
The company may also have its eye on smaller firms that develop systems Apple might want to add to its devices, such as voice recognition.
Apple dipped into some of its reserves recently when it teamed-up with Microsoft to buy a batch of patents from defunct Canadian firm Nortel.
The bidding consortium shelled out $4.5bn for more than 6,000 patents.
http://www.bbc.co.uk/news/technology-14340470
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In 2 years...
i trust my iPhone is going to work before I trust the $1 bills in my wallet will work...
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That's because the government has no money...not a dime. Apple has money because its a business.
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so your saying .....
Steve Jobs will Buy the USA in a couple years, and we all become his property?
(http://blstb.msn.com/i/74/C2BC2ADD702010209FA2C2C25C172.jpg)
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And why is the situation this?
I brake it up here. Listen kids:
- Apple: making business. Not spreading sum' democracy.
- USA: not making business. Spreading sum' democracy.
Got it?
Key is to do something to earn money before you can spend it in spreading sum' democracy!
And even when you have that money from hard work, practice has proved through the decades that best way to stay that way is to not spread sum' democracy.
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Well!! i guess Americans are fine with America spreading democracy.... because every time America spreads democracy Americans go " America F*ck Yeah!"
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And why is the situation this?
I brake it up here. Listen kids:
- Apple: making business. Not spreading sum' democracy.
- USA: not making business. Spreading sum' democracy.
Got it?
Key is to do something to earn money before you can spend it in spreading sum' democracy!
And even when you have that money from hard work, practice has proved through the decades that best way to stay that way is to not spread sum' democracy.
I'm sure America can charge a few dollars for bombing ERRRRRRRRRRRRR spreading democracy to these Middle Eastern Countries that we free from these dictators
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Well, if Apple can't figure how to make a iPod last for at least 1 yr, or a few months past it's warranty...I'm afraid...fuck it, they are the equivalent of crack...techno crack...
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Well, if Apple can't figure how to make a iPod last for at least 1 yr, or a few months past it's warranty...I'm afraid...fuck it, they are the equivalent of crack...techno crack...
Planned obsolescence. ;)
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Well, if Apple can't figure how to make a iPod last for at least 1 yr, or a few months past it's warranty...I'm afraid...fuck it, they are the equivalent of crack...techno crack...
i got 2 ipods from 2008 that work fine.
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Planned obsolescence. ;)
Kinda like the the chewing gum that tastes great, but doesn't last long...soon you are buying another pack...i got 2 ipods from 2008 that work fine.
I have the 160g Classic from 2008, and a few months after the warranty, it was effing up. And now, I only have access to songs from A-B, before I had over 15k songs.
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I'm waiting for someone to say Apple should be giving more money to the government for them to spend.
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everything they make now self destructs after a while as intended to when it was built, so people keep buying and manufacturers keep their jobs as a result. A perfect loop.
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Kinda like the the chewing gum that tastes great, but doesn't last long...soon you are buying another pack...I have the 160g Classic from 2008, and a few months after the warranty, it was effing up. And now, I only have access to songs from A-B, before I had over 15k songs.
Sorry man i don't do PM.
The answer is yes... everything will be erased. but if you do a sync before the j/b... after the j/b you can select sync as a new phone or restore from last sync in this case you will have everything back... just in case if you need it. got it?
And you should always select encrypt back up. ;)
Also you can restore from old back ups..even back ups that don't belong to you.
Remember you can always Ask the internet. ;)
The invisible web Google doesn't know crap.
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Just wait oldtimer, the kids arnt out of school yet.