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Friday, 5 August 2011

The Apple and US Government complaint (Update 2)

The saga continues. What is most interesting is that on this sort of relatively unimportant matter the replies come in less than a day but on the important complaints weeks or months pass...

Here's the BBC's latest short response:
'NewsOnline Complaints to me

show details 16:20 (1 hour ago)

Please see link below:

http://en.wikipedia.org/wiki/Cash_and_cash_equivalents

Regards,
BBC News website'

And here's my reply:
'Nota Sheep to NewsOnline

show details 18:12 (0 minutes ago)

So you agree that your article should have said 'Cash and cash equivalents' not 'cash'.

Does the US government have any 'cash equivalents' to add to their 'Cash' figure?

Are you really comparing like with like?

NotaSheep MaybeaGoat'

Am I wrong?

2 comments:

  1. The smartarse at the BBC might like to look at the table on page 9 of Apple's latest 10-Q - the filing linked to in the BBC report.


    http://files.shareholder.com/downloads/AAPL/1339490837x0x484701/6542e771-f256-4829-8135-0b1d88c7c2b2/AAPL_Q3FY11_10Q_07.20.11.pdf

    The column headed "Cash and Cash Equivalents" clearly says $12bn not $76bn.

    ReplyDelete
  2. Oddly I cannot see that file, could you email me an extract?

    ReplyDelete

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