We have a new world's biggest company, and is it no surprise that it is Apple. The innovative tech company headed by Steve Jobs has been raking in profits and it's products can be found worldwide. Apple has surpassed Exxon Mobil as the largest company in the world with a market cap of a cool $341 Billion. Apple now has enough cash now to buy Bank of America and have about 6 or $7 Billion left over. It has also been noted that Apple has more cash than the U.S. government.

Apple's brand is recognized everywhere and it's products are coveted by many. Apple has created new markets and are pioneers in the tech industry. From the iPod to the iPad, Apple's products have changed our lives and the way we consume digital media. Here is a video of Jim Cramer talking about the company's success.

Visit msnbc.com for breaking news, world news, and news about the economy