Apple tops the market
iPhone- and iPad-maker tops Exxon as most valuable company on the market
Apple Inc. is currently the world’s most valuable publicly traded company. The tech titan’s market capitalization, valued at US$341.5 billion, surpassed the world’s largest oil company, Exxon Mobil Corp., worth US$341.5 billion, on Tuesday. Exxon’s shares have fallen by 17 per cent since July 22, while Apple’s have increased by 41 per cent, due to both falling oil prices and the surging popularity of Apple’s iPhone and iPad.
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