Apple 2.0

Covering the business that Steve Jobs built

How Apple overtook Google, Walmart, Microsoft and Exxon

August 10, 2011: 7:31 PM ET

The closing bell rang Wednesday with Apple's market cap, for the first time, at No. 1 

Chart courtesy of ycharts.com

Apple (AAPL), for now at least, is the world's most valued company by market capitalization (determined by multiplying a company's stock price times number of shares outstanding). Here's how it happened:

  • It caught up to Google (GOOG) in mid-2009
  • It overtook Walmart (WMT) in March 2010
  • It passed Microsoft (MSFT) in May 2010
  • It caught up to Exxon Mobile (XOM) Tuesday and closed higher, for the first time, on Wednesday, Aug. 10, 2011
Join the Conversation
About This Author
Philip Elmer-Dewitt
Philip Elmer-DeWitt
Editor, Apple 2.0, Fortune

Philip Elmer-DeWitt has been following Apple since 1982, first for Time Magazine, and now on the Web for Fortune.com.

Email | @philiped | RSS
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Powered by WordPress.com VIP.