The Cupertino tech giant’s shares briefly rose to $207.05 Thursday, making it the first U.S. company with a market value measured in 13 digits. iPhone sales dwarf competitors. But, back in the U.S., Apple has trounced oil companies in terms of market value. It first surpassed ExxonMobil in 2011, then, after ceding and reclaiming the title a couple times, finally left the largest U.S.-based oil company in the rearview mirror in 2013. Exxon’s market cap currently hovers around $330 billion ― about one-third the size of Apple’s.
Source: Huffington Post August 02, 2018 16:17 UTC