The BBC website currently carries a headline "Apple holding more cash than USA"
They go on :
Apple now has more cash to spend than the United States government. Latest figures from the US Treasury Department show that the country has an operating cash balance of $73.7bn (£45.3bn). Apple's most recent financial results put its reserves at $76.4bn (£46.9bn).
Yes, that's right. Apple has reserves of £46.9 bn, not cash. Total reserves are an accounting estimate of the amount available to shareholders on a winding up assuming that all assets could be sold at their book value and all liabilities could be settled at par without penalty, where as cash is actual liquid holdings available now. Apple only has £8 billion cash. It has other short term instruments, but it isn't going to get its hands on anything like that amount of cash unless it winds up its entire business.
On the other hand US government could raise.some extra cash by selling a few assets, but that is neither here nor there.
The truth is that the BBC is wrong because it is too stupid to find out the facts and in any event it has no interest in honest reporting, only in making up stories.