Apple has more cash than market value of Tata and Reliance

In its second-quarter earnings released on Wednesday, Apple revealed it has $256 billion in cash, which is more than the combined market value of India's most valuable companies Tata Group and Reliance Industries. While Tata Group has a market value of $126 billion, Mukesh Ambani-led Reliance Industries is valued at $70 billion. Apple's market value currently stands at $789 billion.