According to a recent report by the Financial Post(by business.financialpost.com), Apple has more cash than the U.S government. Apple reported the quarterly earnings of US$ 75.876 billion till the 25th of June 2011 . The U.S government reported total operating balance of US$ 73.768 billion on Thursday , which is lesser than Apple.
Apple has seen tremendous growth since they introduced their first iPhone in the year of 2007.
Apple still holds the 4th place, based on the worldwide mobile phone shipments in Q2 2011 and the shipments have increased 141.8% when compared to Q2 2010.
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