Shares of Apple Inc. (AAPL) today rose $9.86, or 2.64% to close at $383.58. Apple’s market value now stands at $355.61 billion, making it the world’s most valuable publicly-traded company. Exxon Mobil is #2 at $353.18 billion.
The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $355.61B
2. Exxon Mobil (XOM) – $353.18B
3. Microsoft (MSFT) – $211.55B
4. IBM (IBM) – $202.00B
4. Wal-Mart (WMT) – $183.67B
Selected companies’ current market values:
• Google (GOOG) – $170.12B
• GE (GE) – $164.73B
• Intel (INTC) – $103.81B
• Amazon (AMZN) – $90.46B
• Cisco (CSCO) – $83.92B
• Disney (DIS) – $60.13B
• Hewlett-Packard (HPQ) – $51.48B
• Dell (DELL) – $27.29B
• Nokia (NOK) – $21.96B
• Sony (SNE) – $20.76B
• Yahoo! (YHOO) – $16.09B
• Adobe (ADBE) – $12.12B
• Research In Motion (RIMM) – $15.20B
• Motorola Mobility (MMI) – $11.20B
• Sirius XM (SIRI) – $6.37B
• Advanced Micro Devices (AMD) – $4.49B
• RealNetworks (RNWK) – $0.295B
AAPL quote via NASDAQ here.
Related articles:
Apple overtakes Exxon Mobil as world’s most valuable company – August 9, 2011
Apple now worth more than Wintel (Microsoft and Intel combined) – June 3, 2011
Apple now worth twelve times Dell’s market value – January 27, 2011
Apple now worth eleven times Dell’s market value – September 23, 2010
Apple now worth ten times Dell’s market value – September 09, 2010
Apple now worth more than Microsoft and Dell combined – June 24, 2010
Apple now worth nine times Dell’s market value – June 01, 2010
Apple now worth eight times Dell’s market value – May 21, 2010
Apple now worth seven times Dell’s market value – January 26, 2010
Apple now worth sextuple Dell’s market value – October 20, 2009
Apple now worth quintuple Dell’s market value – February 12, 2009
Apple could buy Dell outright; Mac-maker has more cash on hand than Dell is worth – October 21, 2008
Apple now worth quadruple Dell’s market value – May 01, 2008
Apple now worth triple Dell’s market value – December 06, 2007
Apple now worth more than IBM and Intel – October 23, 2007
Apple now worth double Dell’s market value – July 27, 2007
Beleaguered Dell: Shut it down and give the money back to the shareholders – March 02, 2007
Biting words on Apple come back to haunt Dell – February 10, 2007
Steve Jobs emails Apple team: Michael Dell not the best prognosticator, Apple worth more than Dell – January 16, 2006
Apple now worth more than Dell – January 13, 2006
To infinity, and beyond!
This is Obama’s cue to have Holder indict it and take all their money!
@iMaki
If you had half a brain you would be dangerous.
You know what I mean
All any of these companies have to do is fart, and they loose 3 or 4 billion dollars.
Maybe if they ate more cheese they wouldn’t be so loose.
Do we really need new “articles” every time apple bounces to the top of the list?
its been back and forth and really its a meaningless metric.
Ummmmmm…. From someone who has been watching Apple since 1996, the answer is Yes!
Amen. As a shareholder I’m very happy we’re #1. But enough already. I don’t remember constant reminders by XOM that “we’re #1, we’re #1!” it’s like hitting a home run, act like you’ve done it before. Act like you belong there. We have more important things to do as users and shareholders. Let’s get busy.
@GM, you make it sound like Apple is putting out press releases. It’s not Apple bringing it up.
It’s meaningless only in the sense that it’s not like Apple is going to stop working or “rest on its laurels”, but it’s nice to shove in the face of all those people who were talking sh*t about Apple and how it was going out of business. There are still people I talk to in my professional life who don’t think Apple has a sound business strategy. It’s nice to say to them “well, they are the most valuable company…” because people like that can’t see anything else.
Like the Beatles final performance on the Apple rooftop, or Babe Ruth’s farewell speech, this news is a salute from Apple Inc to Steve Jobs…
Does anybody know whether there any privately held companies estimated to be worth more than Apple?
ANSWER is yes.
“Saudi Aramco is likely the world’s most valuable privately-held company, with estimates of its value in 2010 ranging from 2.2 trillion USD[2] to 7 trillion USD.”
wikipedia
Apple is not the most valuable company. It is the company with the highest market cap, which is different than the value of the firm itself. The market cap includes the value of the cash at hand and subtracts the debt. In essence, it’s like saying that if someone values a sack with $9.98 in it for $10, the sack is worth $10. Enterprise value is a measure of the value of the firm and by that measure, XOM is still worth a lot more.
But suppose someone keeps putting in a penny into that sack everyday. How do you value it then? I could buy the sack with $9.98 in it today for 10, and in 2 days I’ll have my investment returned. XOM derives its value from the fact the entire world is addicted to oil and will be for a long time. Apple derives its value from large cash reserves, revenue/profits, patents, but especially growth potential. If you offered me $1000 worth of AAPL or $1000 worth of XOM, I’ll pick AAPL. In fact, if you offered me $900 worth of AAPL or $1000 worth of XOM, I would still choose AAPL.