Showing posts with label government. Show all posts
Showing posts with label government. Show all posts

Thursday, July 28, 2011

Apple Has More Cash On Hand Than The U.S. Government (AAPL)


uncle sam

Here's something to keep in mind as you follow this evening's congressional debate over the debt ceiling.

According to the latest daily statement from the U.S. Treasury, the government had an operating cash balance of $73.8 billion in at the end of the day yesterday.

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.

(The Atlantic and CNBC both pointed this out earlier.)

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Apple Has More Cash On Hand Than The U.S. Government (AAPL)


Backlink: http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/dTMc-WPKJwI/apple-has-more-cash-on-hand-than-the-us-government-2011-7

Monday, June 27, 2011

CHART OF THE DAY: The U.S. Government Asks For Data On Google Users More Than Other Country (GOOG)


During the second half of last year, Google received 14,201 requests for data on its users and it complied with 76% of those requests, according to its Transparency Report.

The U.S. government asks for user data more than any other country, with 4,601 requests. Of that, Google complied fully or partially 94% of the time.

Google says it is getting more and more data requests from governments because it is rolling out more and more products, and adding new users. In the first half of the year Google had 13,424 requests for data.

The data requests are normally related to criminal investigations.

chart of the day, government requests for users data to google, june 2011

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CHART OF THE DAY: The U.S. Government Asks For Data On Google Users More Than Other Country (GOOG)


Backlink: http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/nS_4qHrU3A8/chart-of-the-day-google-government-agencies-user-data-requests-2011-6

Wednesday, April 20, 2011

Microsoft Gets Government Security Sign-Off For Online Services (MSFT, GOOG)

microsoft steve ballmer

Last week, Microsoft helped stir up controversy about whether Google Apps were secure enough for government use.

The debate came down to whether Google Apps for Government had a security certification called FISMA. It turns out the answer was "yes." Google wasn't lying.

Throughout the debate, it was noted that Microsoft did not have the certification for its own online services for government, called BPOS-Federal.

In a fitting postscript, today the government gave BPOS-Federal FISMA certification as well.

That's out of the way, then. Google can no longer advertise FISMA as a unique advantage, and Microsoft no longer gains anything by calling Google a liar. Now perhaps we can get back to the two products competing on their merits.

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Microsoft Gets Government Security Sign-Off For Online Services (MSFT, GOOG)


Backlink: http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/1ehrjLkEqRA/microsoft-gets-government-security-sign-off-for-online-services-2011-4