Apple isn't the only tech company stuffed to the gills with cash, with $39.8 billion in cash and short and long term securities.

Google has $24.6 billion in cash and investments. Microsoft has billions more than Google, with $40.4 billion. Intel has $18.9 billion on hand, which, by these standards, is paltry.

As Microsoft, Apple, and Google go to war in mobile, search, and on the desktop, expect to see more of this cash deployed through acquisitions. (And one of these days, one of these companies may actually buy something big.)

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