News
Microsoft’s Credit Rating Higher than Uncle Sam’s
We should all know by now that Apple has more money than Uncle Sam, which should be of little surprise.
But now Microsoft has a higher credit rating than Uncle Sam, which was recently downgraded by S&P from AAA to AA+.
Microsoft is only one of four companies to still have an AAA crediting rating, the others being Johnson & Johnson, Exxon Mobil, and some company called Automatic Data Processing.
But I think we all saw this coming, did we not?
For the record, Apple does not have a credit rating because they don’t need one – this should also be of little surprise.