August 9, 2011: Apple overtakes oil giant ExxonMobil to become the world’s most valuable publicly traded company.
The milestone caps an astonishing turnaround for Cupertino. Just 15 years earlier, it looked like it was just about “game over” for Apple.
ExxonMobil stations throughout the U.S. are now accepting Apple Watch payments.
Customers will need to download the Speedpass+ app, which lets you settle your gas bill with a tap of your wrist. You’ll have the option to use Apple Pay, or input your credit card information manually.
Filling up your car with gasoline is about to get a lot quicker, now that the world’s biggest oil company is finally adding Apple Pay to its pumps.
Starting today, ExxonMobil is activating Apple Pay at more than 6,000 gas stations across the U.S., allowing customers to buy gas or a car wash without having to bust out their wallets.
Google stock has risen 13% today, surpassing $1,000 for the first time ever. It comes a day after the search giant announced its earnings for last quarter, which beat Wall Street expectations thanks to a surge in mobile and video advertising that helped increase quarterly revenue by 23%.
Once again, Apple has found itself the most valuable company on Earth, attaining a market capitalization of about $456 billion today, beating ExxonMobil’s market cap of just $402 Billion. Yawn.
More interesting, however, is that Apple’s combined value is more than Google and Microsoft put together, who are worth $198.9 billion and $256.7 billion, respectively.
As we watch Apple race to be the world’s first trillion dollar company, I wonder what we’ll all be measuring its value against next. Silicon Valley? The United States? The Moon? The secret to immortality?
