Greece's debt, compared to Apple's profit

The Apple logo on an Apple Store is seen reflected in a window as pedestrians walk by on Jan. 24, 2012 in San Francisco, Calif. The company released its profit report yesterday and boasted huge numbers.

This final note today, in which we provide the answer to the Greek debt crisis. It came along with Apple's profit report yesterday.

Bloomberg did a little math after it had had a chance to digest the numbers. Apple had $97.6 billion in cash in the bank as of the end of last year. Greece has $62 billion in debt coming due this year.

So that's a bailout plus, say, the entire net worth of Boeing, with $20 billion left over.

About the author

Kai Ryssdal is the host and senior editor of Marketplace, public radio’s program on business and the economy.

Comments

I agree to American Public Media's Terms and Conditions.
With Generous Support From...