Greece’s debt, compared to Apple’s profit
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.
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