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Apple holding more cash than USA

Apple is not bigger then MS nor is it bigger then Raython USA, nor is it bigger then Lockheed martin and on and on. Europeans have fked up a great deal with false anti-turst cases against MS out of jealously. Otherwise MS could have 2X the sales of certain products in europe.

US/Canadian Governments and many private corporates are Dell centric if Apple was so good at it It would have taken over MS in that area the truth is Apple is simply not competent enough and can't handle.

The truth also is Microsoft has lost in Mobile sector remember it wasted time on Pink phone has it invested on WinMo 2 years before it would have taken a good market share.

Verdict is any news related to Apple is a big exaggeration even in US circles Apple is seen as exaggerated company certain parties favor it and gave it high rating it does not affect MS or any other companies sales and shares.

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10 August 2011 Last updated at 22:40

Apple surpasses Exxon to become most valuable US firm

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Apple had been in number two spot since May 2010

Technology firm Apple has become the most valuable company in the US, with its market capitalisation overtaking that of Exxon Mobil.

Apple had briefly become the largest US firm on Tuesday, before dropping back below the oil giant.

But Apple has now managed to stay in the top spot at the close of Wall Street for the first time.

It fell 2.8% to end at $363.69, giving a market cap of $337bn (£209bn). Exxon is now worth $331bn after it fell 4.4%.

Exxon, which had been the most valuable company since 2005, saw its stock fall 4.4% to close at $68.03.

Apple had been in second spot since May last year when it overtook Microsoft.

Whereas Exxon has limited growth prospects, because it is reliant on oil prices and new oil discovery, Apple can continue to come up with new technology products.

Apple tends to introduce a new product roughly every three years, which would mean a new gadget in 2013 after the launch of the iPad in 2010.

BBC News - Apple surpasses Exxon to become most valuable US firm
 
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This is only because America must give it's cash reserves to their Republican held military industrial complex. 700 billion worth every year.
 
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