Apple pulls away from Exxon in the battle of the market capsMay 6, 2013: 1:25 PM ET
The oil giant's interregnum may have been short-lived.
In January, with Apple's share price in a tailspin, the big news everywhere from the Wall Street Journal to the Huffington Post was that Exxon was once again the market cap king -- the world's most valuable company.
When Apple retook the lead the next day, almost no one noticed. Perhaps that news didn't fit the Apple-is-doomed narrative.
Now, having lost and regained the lead several times since, Apple is once again pulling away from the oil giant. By midday Monday, with Apple at $434.4 billion and Exxon at $404.8, the gap between the two companies' valuations had swelled to roughly one and a quarter Dells (DELL).