A company that was struggling to stay afloat 15 years ago is now the World’s most valuable. Today Apple passed Exxon Mobil in terms of market capitalization and took the title of stock market’s most valued company from the energy company. Today Apple stock was at $366.62, up 3.02 percent where as Exxon Mobil’s stock was at $68.90, down 2.07 percent.
Currently the market valuation of Apple is $337.11 billion while Exxon Mobil is worth $333.54 billion. Exxon Mobil is $4 billion less valuable than Apple at the moment.
This massive growth of Apple can be credited to its co-founder Steve Jobs who in his reign as CEO of the company introduced iPhone, iPods, iPads, iTunes, Macs, and other revolutionary Apple products that helped in changing the fate of the company and making it what it is today.
You might also like
