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Apple set to surpass ExxonMobil as large company in the world

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Apple set to surpass ExxonMobil as large company in the world

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Several sites are reporting that Apple is about to pass Exxon Mobil as the biggest company in the world in terms of market value.

StreetInsider.com reports that Apple's market cap is US$333.7 billion while Exxon Mobil's is $338 billion, meaning they could hit that cap today. We'll keep an eye on it and let you know when Apple surpasses this landmark milestone.

If it turns out to be true, congratulations to Steve Jobs and everyone at Apple. That's an amazing achievement.

Apple set to surpass ExxonMobil as large company in the world originally appeared on TUAW - The Unofficial Apple Weblog on Tue, 09 Aug 2011 10:25:00 EST. Please see our terms for use of feeds.




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On the news this morning, it now passed Exxon. [Wish I had shares!]
 

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