Apple's savings have reached a record $250 billion, according to the Wall Street Journal. It'll confirm those savings in its quarterly financial results on May 2. No other company has ever had that amount of money stored in the bank.

With a quarter of a trillion dollars sitting around, Apple could easily acquire some of the largest companies in the tech sphere. Though it doesn't seem to have any intention of doing so.

Around 93% of Apple's cash and liquid assets are stored overseas in order to reduce the company's tax expenditures. Under superior tax conditions, CEO Tim Cook says some of the money could return to the US.

While much of the money will continue hanging out in the bank, some of it could also be used for shareholder dividends.

Microsoft's $126 billion makes it the second richest tech company.