Ares writes: Its official. Apple is wealthier than the United States Government. CNN suggests that the US should start selling iPads. And why not? If it works for Apple, giving it a $76.2 billion cash balance sheet, surely, it could improve the US Treasury's $73.8 billion balance sheet. From the article: "This symbolic feat — the world's most highly valued tech company surpassing the fiscal strength of the world's most powerful nation — is just the latest pinnacle for Apple, which has been on an unprecedented roll."
Followed by: "'We don't let the cash burn a hole in the pocket or make stupid acquisitions,' CEO Jobs said last fall. 'We'd like to continue to keep our powder dry because we think there are one or more strategic opportunities in the future.'"
"Offering Uncle Sam a short-term loan is probably not one of them."