GeekLikeMe.net

GeekLikeMe

(home)
Insert quarter. Avoid Klingons.
Collected web clippings, ramblings, and scribblings from me to you.

Friday: July 29, 2011

Apple has more cash on hand than the United States government.Apple has more cash on hand than the United States government.

Apple's last earnings report (PDF here) showed that the company had $76.2 billion in cash and marketable securities at the end of June. In other words, the world's largest tech company has more cash than the world's largest sovereign government. That's because Apple collects more money than it spends, while the U.S. government does not.

 

Posted to Weekdaily filed in Apple @ 2:58 PM | Tags (8) | apple | billions | cash | ceiling | debt | government | tech | united states |  | Discuss (0) |  | facebook | twitter | 8 Clicks | Posted by Vin


Wednesday: March 17, 2010

Blockbuster would like you to know that they may be going bankrupt in the near future.Blockbuster would like you to know that they may be going bankrupt in the near future.

'Our level of indebtedness may make it more difficult for us to pay our debts as they become due and more necessary for us to divert our cash flow from operations to debt service payments,' the company said in its filing.

Posted to Weekdaily filed in FYI @ 1:55 PM | Tags (11) | blockbuster | video | bankrupt | debt | sec | filing | cash | flow | payments | rentals | netflix |  | Discuss (0) |  | facebook | twitter | 32 Clicks | Posted by Vin


Friday: December 11, 2009

Some of the world's most extravagant meals that you can enjoy, if you have the cash.Some of the world's most extravagant meals that you can enjoy, if you have the cash.

Dinner In The Sky 'People were getting bored with just going to the same old restaurants,' says David Ghysels, the Belgian entrepreneur who created this movable restaurant suspended by a crane.

Posted to Weekdaily filed in Food @ 4:19 PM | Tags (6) | food | abcnews | expensive | extravagant | cash | money |  | Discuss (0) |  | facebook | twitter | 33 Clicks | Posted by Vin


Wednesday: September 16, 2009

Facebook would like you to know that they are now cash-flow positive.Facebook would like you to know that they are now cash-flow positive.

Oh, and they also have hit the three hundred million user mark as well. All hail Facebook.

Posted to Weekdaily filed in Interwebs @ 8:53 AM | Tags (8) | facebook | social | network | users | cash | profits | interwebs | latimes |  | Discuss (0) |  | facebook | twitter | 8 Clicks | Posted by Vin


1 Last »»