Apple has passed Exxon as the world’s most valuable company before, only to lose the title shortly thereafter, but after last night’s blow-out holiday quarter results, Apple is once again the undisputed king of Wall Street, beating Exxon Mobil’s market cap by a cool $6 billion. Let’s hope this time it lasts!
John Brownlee is a writer for Fast Company, and a contributing writer here at CoM. He has also written for Wired, Playboy, Boing Boing, Popular Mechanics, VentureBeat, and Gizmodo. He lives in Boston with his wife and two parakeets. You can follow him here on Twitter.
4 responses to “Apple Passes Exxon As World’s Most Valuable Company”
Maybe I’d have money to invest if I stopped buying all this Apple stuff.
“Lieutenant Dan got me invested in some kind of ‘fruit’ company.
So then I got a call from him, saying we don’t have to worry about money no more.
and I said, ‘…well GOOD….that’s one less thing!”
FriarNugle,
Look at it differently.. Basically I have never had to buy any of my Apple stuff. I just keep buying APPLE stock and the money I am making has more than covered my APPLE products.
Since iPhone 1st Generation came out. I have purchased 8 iPhone’s, 2 iPad 2’s, a MacBook Pro and an assortment of various iPods. It wasn’t until last year that I purchased my first Mac and I have never looked back at the PC. For years I never would buy a MAC because I didn’t want to pay for the MAC tax as they call it.
But once I gave it a try I would not want to give it back for anything. So if I am an example of how an entry level iPhone gets a newbie into an ecosystem of product that eventually gets them to buy more in the same ecosystem, then APPLE has some serious upside potential.
Todays stock price bump is just more icing on my APPLE PIE!!! Maybe now I can pickup a couple iMac’s once the new refresh comes out in a few weeks. :)
GO APPLE!!!
And yet… I still see the “Genius'” poo pooing Apple. Ya gotta wonder.