“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.]