Apple Is Now The Most Valuable Company In The World

August 11, 2011 3:22 am

We spotted this today:

“Apple passed ExxonMobil as the most-valuable publicly traded company several times yesterday, but ExxonMobil ended the day ahead of Apple. Both companies’ stock prices were down today, but XOM fell quite a bit farther, making Apple the most valuable public company in the world.

Apple closed the day at $363.49, with a market cap of $337.17 billion. Exxon Mobil ended at $68.03, with the company valued at $330.88 billion.

Apple might be worth more than Exxon Mobil, but XOM remains a much bigger company. Exxon made $10.7 billion in profit on $121.4 billion in revenue in the June quarter with 83,600 employees. ”

Statistics Source: Macrumors

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