The downgrading of the United States' sovereign debt by rating agency Standard means that several companies in the US effectively have a higher credit rating than the government itself.
Microsoft is one of just four companies, according to a Business Insider report, that have retained their AAA credit rating. The others are Exxon Mobil, Johnson & Johnson and Automatic Data Processing.
The trend away from the hightest effectively 'risk free' AAA credit rating in the US has seen the number of companies fall from around 70 in the 80s' to half that in 1995 and just four today.
S&P said that the rating agency was not considering downgrading the remaining firm's ratings despite a policy of not rating companies higher than their native country's rating.
Advertisement
Related Stories
- The Pope loves Microsoft. Fact. May 25th 2012 at 4:13PM
- Windows 8 RT draws antitrust attention May 14th 2012 at 10:59PM
- Windows 8 Pro upgrade may cost $14.99 May 14th 2012 at 10:46PM
- Microsoft to charge for Windows 8 upgrades? May 13th 2012 at 11:01PM
- Mozilla, Google blast Windows RT browser restrictions May 11th 2012 at 3:47AM
- Microsoft demos sonar-based motion detection May 9th 2012 at 1:21AM
- Windows 8's Media Centre upgrade path May 4th 2012 at 3:48AM
- Microsoft fingers Chinese firm in RDP flaw leak May 4th 2012 at 3:00AM
- Microsoft kills off Windows Live brand May 2nd 2012 at 10:19PM
- Microsoft bets on Nook May 2nd 2012 at 4:04AM
























