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Apple Has More Cash Than US Federal Reserves

Apple Has More Cash Than US Federal Reserves
Software company giant Apple as reported by BBC has more cash on hand than the United States federal government. This was according to Apple's financial records that shows they have $76.4 billion in reserve cash compared to the Treasury Department which only has $73.7 billion.

Apple which is responsible for the iPad, iPod and iPhone is a force to reckon with even with the recession, it has managed to earn profits.

iPod for everyone!

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