Tuesday, August 09, 2011

Apple is about to Pass Exxon as the Most Valuable U.S. Company



Apple's market capitalization, as of the market's close today, is about $347 billion.  Exxon Mobil's market capitalization is $348 billion.  Does this mean people need iPads and iPhones more than oil?  Now, don't get me wrong.  I love all of Apple's products.  I have them.  But please, Exxon sells a product that people need.  Apple sells a product that people want.

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