“The next claimant to the title of the world’s most valuable company may well be Apple,” John Paczkowski reports for AllThingsD.
“The company’s latest monster quarter and the surge in share price it inspired has set Apple on a path to overtake Exxon Mobil as the most valuable company in the world by market capitalization,” Paczkowski reports. “Indeed, with a $358.9 billion market value on Thursday, Apple was just $62 billion short of Exxon’s $421.5 billion.”
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Paczkowski reports, “And with a number of potential catalysts in the offing — the debut of a next-generation iPhone and the impending launch of iCloud, for example — some analysts say Apple may surpass Exxon Mobil within the next year.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “GetMeOnTop” for the heads up.]