So Apple is actually not at the top of the list.
Look, tacticalogic, if you do not understand that FANNIE MAE—the FEDERAL National Mortgage Association—is an organization established by the US Federal government operating under REGULATIONS and control of CONGRESSIONAL and PRESIDENTIAL pressures. . . or that it is in large part owned by the government, and, which I explained to you, received a HUGE infusion of GOVERNMENT BAILOUT MONEY when the US Treasury bought Fannie Mae bonds, and in fact, as part of the sub-prime mortgage crisis, was forcibly put into the conservatorship of the US Government by President George W. Bush under The Housing and Economic Recovery Act of 2008, which also authorized an up to $100 BILLION per year cash infusion into both Fannie Mae and Freddie Mac, until $250 BILLION was infused into both credit guarantee organizations that had been taken over by the government, and that MORE transfer payments were made by Obambi's second round of bailouts as lump transfers, none of which which were not true EARNED REVENUE by Fannie Mae, but which were booked as revenue, then you are hopelessly lost in your anti-Apple hatred and delusions.
As a result of this Government seizure of Fannie Mae was de-listed from the New York Stock Exchange on June 16, 2010, and is no longer a publicly traded stock.
The funds and obligations of FANNIE MAE are considered part of the Federal off budget items and are part of the national debt. . .
"On May 8, 2013, Representatives Scott Garrett introduced the Budget and Accounting Transparency Act of 2014 (H.R. 1872; 113th Congress) into the United States House of Representatives during the 113th United States Congress. The bill, if it were passed, would modify the budgetary treatment of federal credit programs, such as Fannie Mae and Freddie Mac. The bill would require that the cost of direct loans or loan guarantees be recognized in the federal budget on a fair-value basis using guidelines set forth by the Financial Accounting Standards Board. The changes made by the bill would mean that Fannie Mae and Freddie Mac were counted on the budget instead of considered separately and would mean that the debt of those two programs would be included in the national debt. These programs themselves would not be changed, but how they are accounted for in the United States federal budget would be. The goal of the bill is to improve the accuracy of how some programs are accounted for in the federal budget."
No other company on that list has their debts considered part of the national debt.
Quasi-governmental organizations are NOT CONSIDERED BUSINESSES because they operate under a completely different set of rules and environment. Fannie Mae is backed by the full faith and credit of the US Government. . . and has MANDATED customers by law. No other business on that list is so backed, or has guaranteed customers. Fannie Mae, like the two Chinese government owned banks which also have mandated customers, does not belong on that list, and should not be there.
I wonder who added Fannie Mae to the list. . . seems strange. They could have just cut to the chase and put the US Government up there and counted all the Tax Revenue received in April. . . and been as accurate.
I also refer you to the qualifiers in Post 73, which you conveniently ignored:
"Revenues are all well and good. . . but it's like Market Share. Unless those revenues stick to your fingers and in your pocket, they mean NOTHING. Unless you want to count certain Government national banks like the Industrial & Commercial Bank of China's profits of $ 42,718,000,000 with assets of 3,124,886,000,000 (that three TRILLION dollars). . . and the US Government's Fannie Mae withe profits of $ 83,963,000,000 on assets of 3,270,108,000,000 (another $3 trillion in real estate loans), There is NO OTHER COMPANY IN THE WORLD with profits like Apple's!"
I specified exactly what Fannie Mae was there. . . a US Government owned entity. . . and the same for the Chinese bank.
And you chose to ignore the statement in Post 79 as well. So I will repeat it:
"The Number one position is occupied by the quasi-government entity FNMA, which is only there because of an artificial political move by the Obama regime. . . the governmental bailouts to save it from bankruptcy.Fannie Mae had a whopping big quarters and year in 2013 because the US Government bailed FNMA out because of HUGE LOSSES of $59.8 Billion in 2008, $74.4 Billion in 2009, and even more losses in 2010. . . and they booked those huge multi-Billion dollar bailouts from tax payer funds as income recovery in 2012 and 2013. Without those non-real-revenue funds, FNMA would have still been in the red on 2013 as they paid out funds on foreclosed property loans.
There are two other larger organizations that are not listed, but both are government owned banks in China which mandate that all businesses in the country do business with them and mandate their levels of profit. . . they do not qualify for inclusion. . . and really Fannie Mae being a quasi-government body with over 3 Trillion in assets should not either.
You cannot be that dense to ignore the facts. . . so it has to be your anti-Apple bias at work here. . . you sheer hatred of Apple and your desire to simply DENY Apple the credit for what they have accomplished. You are completely delusional and would prefer GOVERNMENT over private industry.
You expose yourself as a dyed in the wool LIBERAL by that preference.