Apple Is Within Spitting Distance Of Being World’s Most Valuable Company

Apple Is Within Spitting Distance Of Being World’s Most Valuable Company

Thanks to the massive stock selloff today, Apple is within $16 billion of displacing Exxon Mobil as the the world’s most valuable company.

At market close, Exxon Mobil’s stock fell $3.88 (4.9 percent) giving it a market cap of $366 billion. Apple’s stock fell too, but only $15.20 (3.87 percent) for a market cap of $350 billion. That puts Apple within $16 billion of Exxon. Two weeks ago, the gap was $50 billion. Any day now…

Via NYT.

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  • appleslut

    Incredible. 

  • Terrance Joseph

    I just paid $21.87 for an iPaad2-64GB and my girlfriend loves her Panasonic Lumix GF 1 Camera that we got for $38.76 there arriving tomorrow by UPS. I will never pay such expensive retail prices in stores again. Especially when I also sold a 40 inch LED TV to my boss for $657 which only cost me $62.81 to buy. Here is the website we use to get it all from, http://to.ly/aT8h

  • Andrei

    if only you’d stop this sh*it

  • iHate_Is_Back

    So if Apple does become the most valuable company on the planet does that mean Jobs will issue a public apology for his bullshit lies at D8 and finally take responsibility as knowing accomplices to worker abuse and suicides in China ? Oh wait the greedy iTards and cool aid swilling Apple Juice fan boys who own Apple stock would have a cow if they found out CrApple was throwing money at trying to improve working conditions in Foxxconn. Guess the answer to my question is a big fat NO.

  • iHate_Is_Back

    God I hate you

  • hackmanj

    Cult of inadequate comment moderation ;)

  • Apple_News

    Check out this great apple blog!

    http://applefanboynews.com/

  • Commonman

    Wow, dude, Anger Management classes…

  • lsls67
  • lsls67
  • 300AShareMakesMeSmile

    Put some ear plugs in your ears and cover your eyes because I’m gonna be running through the streets naked and yelling at the top of my lungs that Apple is the most powerful and wealthiest company on the freakin’ planet and that all the iHating mofos, the Droidtards and Wintards can stick it up their poop chutes.  I’m just hoping the world doesn’t fly off its axis and hurtle into the sun because of Apple becoming the greatest force in the solar system.  Damn it, boy!  The freakin’ revolution is taking place and you are nothing but a useless bystander.  Go, Apple, go!!!!  Crush the iHaters and knucklehead pundits who doubted Steve Jobs’ Reality Distortion Field would change the whole damn computer industry.  To hell with the non-Apple using losers for they shall be cast out of the firmament forever.

    Watch my iTard victory dance, sucka.  Woooo-hoooooooo!  I’m shakin’ my moneymaker.

  • oriorda

    As a matter of interest, and by way of lighting the path ahead,  is there anything Apple has done in the past 5 years that meets with your highly developed personal standards?

  • lsla38
  • wakao71
  • lsla38

About the author

Leander KahneyLeander Kahney is the editor and publisher of Cult of Mac. He is the NYT bestselling author of Jony Ive: The Genius Behind Apple's Greatest Products; Inside Steve’s Brain; Cult of Mac; and Cult of iPod. Leander has written for Wired, MacWeek, Scientific American, and The Guardian in London. Follow Leander on Twitter @lkahney and Facebook.

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