Originally Posted by Lonesome Gambler
Didn't I read recently that Apple now holds more assets than the US?
If you did, don't use that source anymore.
The gov't owns 30% of the land in the US, including massive mineral rights. Then there are buildings, the military, reserves, etc. Apple's Market Cap is $350B. But that's just paper and can change in an instant. Assets around $110B, I think. Still an astounding amount, and mostly cash (about $75B). This may be what you are reading. The US cash balance fell that low in the days before the debt ceiling was raised.