Are you all shocked that Apple has more money than the U.S. government? Well I’m not. It was bound to happen with the incredible business strategy the company has. I’m pretty sure everyone that is a part of Apple is happy. The company was proclaimed the world’s top smart phone vendor by Strategy Analytics, and its cash reserves are now bigger than the U.S. government’s balance.

Apple is now the world’s largest smart phone vendor by volume with 18 percent market share, according to Strategy Analytics‘ report. Nokia is now number three with 15%, behind Samsung, which grew an amazing 520% annually to grab a 17% share of the global smartphone market.

Also, with a $75.9 billion balance, Apple is obviously doing really well in the “cash reserves” department, but it sounds even better when you hear the U.S. Treasury Department say that the government now has a total operating balance of $73.8 billion.

Apple’s stock price recently surged past $400, and its total market capitalization is more than $363 billion, which makes it the second largest company in the world, behind Exxon Mobil. The Cupertino giant is already on top of the world, and the only question right now seems to be; How much higher can it go? With iPhone 5 supposedly coming out in September, I’m sure there will be an increase in Apple’s revenue.

What do you think about this? Leave comments.

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