Apple Once Again Surpasses Exxon As World’s Most Valuable Company

On October 10, 2011, in Apple, by admin

Apple Once Again Surpasses Exxon As World’s Most Valuable Company

Apple Once Again Surpasses Exxon As Worlds Most Valuable Company Apple Once Again Surpasses Exxon As World’s Most Valuable Company
Apple Once Again Surpasses Exxon As World’s Most Valuable Company

As we previously reported back on the 9th, Apple has once again surpassed Exxon Mobil in market cap, once more becoming the most valuable company in the world, which is especially impressive considering Steve Jobs’ recent departure as CEO.

Apple’s market numbers are presented below:

In comparison with Exxon’s numbers:

Apple rose $9.86 today (or 2.64%) to close at $383.58. Apple market value ended the day at 353.18 billion, making Apple, yet again, the world’s most powerful company. And with the continued gains in marketshare and fiscal returns that Apple seems to be bringing in, I suspect it won’t be long before Apple retains this lofty position on a much more permanent basis.

As of this moment, the top five U.S. publicly-traded companies, based on market value, are as follows:

1. Apple (AAPL) – $353.18B
2. Exxon Mobil (XOM) – $353.18B
3. Microsoft (MSFT) – $211.55B
4. IBM (IBM) – $202.00B
4. Wal-Mart (WMT) – $183.67B

 

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