Apple reported the quarterly earning of US$ 75.86 billion till the 25th of June 2011 .
The U.S government reported total operational balance of US$ 73.768 billion on Thursday , which is lesser than Apple.
The US Government, on the other hand, is close to defaulting on its national debt of $14.3 trillion.
The failure by the Republicans and Democrats to come to a compromise to raise the current $14.3 trillion debt ceiling by Aug 2 could lead to a hike in interest rates.
http://articles.economictimes.india...news/29833197_1_iphone-ipad-tablet-steve-jobs
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