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As an attempt to steelman their point, Apple has more employees than about 30 countries and has more CASH on hand than the GDP of over a 100 countries (220~ tot

As an attempt to steelman their point, Apple has more employees than about 30 countries and has more CASH on hand than the GDP of over a 100 countries (220~ total worldwide). As far as regulations go, I think those points could be an argument that more regulation could be warranted.

hrez 5y ago
I just looked at AAPL and it has $62B cash and $136B debt. If you do the math ... where is all that CASH you're talking about?
- Strom 5y ago
  The US also has a lot of debt. Thus debt does not seem like a valid counter-signal here.
  - hrez 5y ago
    US can print their own money. AAPL can't. It's like if you moved money from credit card to a checking account. You are not going get any richer from that. Just the opposite.
judge2020 5y ago
Apple's yearly revenue is ~140B, which would make it the 77th largest country by GDP if it were a country, and if you consider revenue and gdp to be similar terms. 0: https://www.cia.gov/the-world-factbook/field/real-gdp-purchasing-power-parity/country-comparison https://www.cia.gov/the-world-factbook/field/real-gdp-purcha...