How the world's richest nation and the most valuable tech company stack up
Unless the debt ceiling is raised by Tuesday Aug. 2, the White House keeps reminding us, the U.S. government will no longer be able to pay its bills.
But the U.S. Treasury is already running low. Its closing balance as of Wednesday, July 27, was $73.768 billion.
To put that in perspective, Apple (AAPL) most recent earning statement shows that it was MORE
Philip Elmer-DeWitt - Jul 29, 2011 6:38 AM ET
The documentary that premiers Thursday night covers some well-plowed ground
There could be a few surprises in the hour-long biography of Steve Jobs that will kick off this year's "CNBC Titans" series. But judging from the previews and Web-extra videos posted on the show's site, it's a long shot.
For people who have followed the career of Apple's (AAPL) co-founder and CEO, the photography and film clips will have a familiar feel MORE
Philip Elmer-DeWitt - Jun 23, 2011 7:11 AM ET
Bloomberg Television is still stuck in Siberia in the Comcast channel lineup, and it's right to ask the FCC to step in.
FORTUNE -- One of the main worries surrounding Comcast's (CMCSA) merger with NBC Universal was that Comcast would use its cable platform to favor its own programming at the expense of competitors. From the beginning, the financial news organization Bloomberg has issued perhaps the loudest complaints about the situation. MORE
Dan Mitchell, contributor - Jun 15, 2011 11:11 AM ET
The founding partner of Elevation Partners has changed his tune about Apple
Remember Roger McNamee? He's the founding partner of the venture capital firm Elevation Partners -- a major investor in the Palm Pre -- who predicted on the two-year anniversary of the original iPhone that nobody who bought it would be using an iPhone a month later.
"Think about it," he said, in a remark I suspect he immediately regretted, "if MORE
Philip Elmer-DeWitt - Apr 14, 2011 6:08 PM ET
Erin Burnett has hit on what she must think is a winning formula
I don't spend a lot of time watching CNBC, but I've seen enough of Erin Burnett's coverage of Apple (AAPL) to see the pattern.
Last fall, it was an interview with Tiger Management's Julian Robertson in which she tried -- and failed -- to get him to call Apple's rising stock price a "bubble." (See How not to interview MORE
Philip Elmer-DeWitt - Feb 20, 2011 8:05 AM ET
If CNBC's Erin Burnett weren't born yesterday, she would know that when Julian Robertson likes a stock, he really likes it. When he ran Tiger Management, one of the early hedge funds, his motto was "find the 200 best companies in the world and invest in them, and find the 200 worst companies in the world and go short on them."
But she was born yesterday. So she began her Robertson MORE
Philip Elmer-DeWitt - Nov 4, 2010 3:28 PM ET
When the stock sets new record highs, the naysayers come out of the woodwork
As a rule of thumb, never take investment advice from a hedge fund manager who posts his predictions on Twitter.
On Thursday morning, BAM Investor's J.G. Savoldi used the microblogging service (and a follow-up press release) to warn investors that Apple (AAPL) was about to crash and could hit $45 a share -- perhaps as early as this MORE
Philip Elmer-DeWitt - Jun 19, 2010 6:52 AM ET
The Apple (AAPL) rumor sites have been buzzing for months about the new thin MacBook they expect Steve Jobs to unveil Jan. 15 at Macworld Expo 2008. Now, with the company's annual showcase for new products less than six weeks away, the talking heads of cable business news have started to pick up the scent.
Yesterday was CNBC's Jim Goldman's turn. In a breathless report that aired shortly after noon (video, MORE
Philip Elmer-DeWitt - Dec 7, 2007 8:55 AM ET