Apple is Number 1 in the world

If you have been following technology and the stock market in general you would know that today Apple Inc became the #1 capped company in the world with Exxon Mobile following second. It followed their more than impressive results for the year 2011. I always knew apple was a big company but I had no idea that it was that huge a company. It kind of makes me want to laugh. Thinking about how some people see Apple as the underdog to companies like Microsoft. At least in the mind of most buyers of apple product they have no idea that Apple no longer holds that position of the underdog which always out performs its competitors. 


So Apple is now worth 417 billion US dollers, thats its current market capitalization it is huge but it is even bigger when you consider that it is almost twice the size of Microsoft. Also it has about 98 billion dollars in cold cash at its disposal. Quite amazing so what is Apple going to do with all that money. It makes me wonder is it all going into R&D or probably would be put into expanding Apple from an American brand and into a more Global brand. Would they release a low cost iPad making it ready for the launch of Microsoft's windows 8 hoping to literally take a greater market share form their rivals? Well no one knows for the moment but this is a company that would be interesting to watch for the next year.


I plan on getting some copies of their annual reports to study myself I wonder if they would grow bigger or are they all of a sudden going to hit a little road block and not know what to do with their new found status? Are they going to start behaving like most big named companies and become less innovative, are they going to become more entrenched and if so would a new rival to Apple arrive on the market? 


Well we wait to see what happens with this great tech company. An i would with this,  Congratulations Apple.