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Apple Again The Second Most Valuable Publicly Traded Company in the World

Back in August 2011, Apple first passed Exxon Mobil as the most valuable publicly traded company in the world. Both companies have risen in value since, but Apple's recent slide has allowed Exxon Mobil to again regain its position at the top of the corporate world.

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In the 17 months since Apple passed Exxon Mobil, XOM's stock is up some 27%, while AAPL has risen roughly 18%. Today, however, Apple has set a new 52-week low, while Exxon is matching its 52-week high set last September.

Currently, Apple's stock price is at $441.11 with a market capitalization of $414.28 billion. Exxon Mobil is at $91.43 with a market cap of $416.86 billion.

In Apple's most recent quarter, the company generated $13.08 billion in profit on $54.51 billion in sales, with 72,800 employees. Exxon Mobil generated $9.93 billion in profit on $115.71 billion in revenue with 82,100 employees.

Top Rated Comments

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22 months ago

When will it end?!

When Apple starts innovating again?
Rating: 23 Votes
22 months ago
Maybe its about time Cook used some of that pile of cash to grow the business, like the stock market and analysts want them to do? Because its doing nothing else for the company.
Rating: 17 Votes
22 months ago
Honestly these huge drops every day are just making Wall Street look stupid right now. I mean what really constitutes all this panic selling?
Rating: 16 Votes
22 months ago
Maybe time to start buying Apple again?
Rating: 13 Votes
22 months ago

Yes the whole industry where the smartest people in the world works are stupid.


Smartest people in the world are on Wall Street? The ones that ran up Apple's stock to $700 and were predicting $1000 and are now selling it in droves. :eek:
Rating: 11 Votes
22 months ago

Honestly these huge drops every day are just making Wall Street look stupid right now. I mean what really constitutes all this panic selling?


You are right, this entire slide has been nothing but panic selling. Nothing else could have possibly influenced people to want to pay less for Apple stock or value it differently. Everyone just sees people selling and decides to sell! First it was profit taking, then it was capital gains tax and now it is just everyone in panic mode! Are you also in the same camp that has been claiming that we should buy the stock since its considered a steal the entire ride down from $705?

Conspiracy theories everywhere! Heavily manipulated stock, nothing to see here folks. Only manipulated when it goes down, when it goes up it is just Apple being awesome!

Macrumors, harboring massive quantities of aluminium hats for Aim Chair Power Brokers since September 2012.
Rating: 10 Votes
22 months ago
From #1 to #2. In other words, Apple is now TWICE as far along as they had been, towards being the LEAST valuable company in the world.

Has there ever been a worse corporate nosedive in history? This news rivals the great crash of Exxon when they plummeted from #1 to #2.

It was nice knowing you, Apple :o


I say the sell will stop at $420. I sure hope cook has something up his sleeve I can't afford any more losses. :(


I think you may overestimate the connection between Apple's stock price and actual reality. But hang in there!
Rating: 10 Votes
22 months ago
Someone tell me again how Apple is worth $1000 a share even though five quarters forward earnings when they were KILLING IT didn't value them at $580 a share?

Value investing is not fuzzy math, ladies and gents.... there's a reason that Apple's stock price has this much downward elasticity. It's called overvaluation.
Rating: 10 Votes
22 months ago
When will it end?!
Rating: 7 Votes
22 months ago
Rating: 7 Votes

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