Apple's cash reserve of $267 bn nearly triple of RIL's m-cap

Technology giant Apple's cash in hand fell 6.27% to $267.2 billion in the March quarter, which is nearly triple of the market capitalisation of India's second most valuable firm Reliance Industries (RIL). The current market value of the Mukesh Ambani-led firm is about $92.4 billion. Apple is currently the world's most valuable company with a market capitalisation of $858 billion.