It’s not just the technology that makes the iPhone maker the Godfather of all mobile companies, it’s the cash too. What’s with the moolah-minting Apple Store and such. According to a report published by website Asymco, Apple has in its bank an estimated $70billion in cash, which can buy Nokia ($22.6b), RIM ($13.8b), HTC ($25.4b), Motorola ($4.2b) and Sony Ericsson ($3b) and still have change of $1billion to spare.

The only two companies that the Cupertino based company can’t seem to afford, without taking a loan that is, are Samsung and LG. While the former is valued at $53b, the latter’s worth is $10b. But that doesn’t make the gurus of touchscreen computing any less formidable!
[Pocket-lint]