you think could be on this list ten years from now on the up and up? the rise of tech that is something that is not stopping. we ve seen that on the fortune 500 with obviously apple and facebook and other companies we could see facebook in the top ten? i don t know about the top ten but they made the fortune 500 for first time two or three years ago. a lot of these privately held tech companies that hopefully go public within the next couple of years what about apple? a juggernaut it s the most profitable company in the world. that s amazing. profit seems to be more important than sales. if i was running a business i would be more worried about how much i m making versus what i m selling. with apple, the numbers came out last night, kind of disappointing but you might find this interesting. here s the number of the day, 203 billion. that is the amount of cash that apple now has in its coffers, $203 billion. apple could single handedly bail
apple revenue almost 50 billion dollar last quarter and 47.5 iphones coldsold up 60% from last year. apple is making so much money so quickly, it now has 203 billion in cash. the apple shares 5% cheaper this morning. citibank paying a price for deceptive marketing techniques. they are ordered to pay 700 million dollars to 8.8 customers between 2003 and 2012 they promising to defer payments in the event of financial hardship. the government says they misrepresented fees. the bank says it is cooperating and closed down all programs associated with overcharging. the government gives the at&t and directv a green light. essentially at&t can t give its
fund it for a period of time without any delayed nonsense, but the number attached to the clean cr, if you re going the fund the government how much should the government get? what is the budget, it is a budget bill. let s start out with what the obama administration asked for when they released their budget. 1 trillion, 203 billion, that was the obama target for the budget. by comparison, this was the 2011 compromise, a budget of 1 trillion 66 billion, and here was the budget put together by senate democrats, it is lower still. now let s look at the senate continuing resolution. that is the level of spending that democrats in the senate had voted for and are calling on the republicans to pass. it is even lower. it is $986 billion. that, that you see, 986, that is the clean cr that democrats are asking the house republicans to accept. so we ve come a long way,
but the number attached to the clean cr, if you re going the fund the government how much should the government get? what is the budget, it is a budget bill. let s start out with what the obama administration asked for when they released their budget. 1 trillion, 203 billion, that was the obama target for the budget. by comparison, this was the 2011 compromise, a budget of 1 trillion 66 billion, and here was the budget put together by senate democrats, it is lower still. now let s look at the senate continuing resolution. that is the level of spending that democrats in the senate had voted for and are calling on the republicans to pass. it is even lower. it is $986 billion. that, that you see, 986, that is the clean cr that democrats are asking the house republicans to accept. so we ve come a long way, obviously, from the democratic preference of the obama budget or even the senate original
just heard, has to do with the clean continuing resolution, the clean cr, continuing resolution that is not trying to de-fund obama care or delay its resolution, that is what the government is supposed to do. fund it for a period of time without any delayed nonsense, but the number attached to the clean cr, if you re going the fund the government how much should the government get? what is the budget, it is a budget bill. let s start out with what the obama administration asked for when they released their budget. 1 trillion, 203 billion, that was the obama target for the budget. by comparison, this was the 2011 compromise, a budget of 1 trillion 66 billion, and here was the budget put together by senate democrats, it is lower still. now let s look at the senate continuing resolution. that is the level of spending that democrats in the senate had voted for and are calling on the republicans to pass. it is even lower.