It is once again the world's most valuable company by market capitalization (share price times number of shares outstanding).
Apple's market cap was boosted by a $56 (14%) surge in July, a gain that was softened by a stock repurchase plan that reduced its number of outstanding shares in fiscal Q3 by 23.5 million.
Exxon was hurt by falling oil prices and a disappointing earnings report.
That's the good news. The bad news: The list is based on Apple's 2012 performance.
FORTUNE -- According to this year's edition of the Fortune Global 500, Apple (AAPL) is the second most profitable company in the world after Exxon Mobil (XOM) and has jumped from 55th to 19th place in terms of revenue. (See list below.)
Sounds good, right? The problem is, this year's list is based on last year's results MOREPhilip Elmer-DeWitt - Jul 8, 2013 7:22 AM ET
America's most profitable company now produces about as much natural gas as it does oil. CEO Rex Tillerson thinks the fracking party has just begun.
By Brian O'Keefe, assistant managing editor
FORTUNE -- For Rex Tillerson fracking is more than a revolutionary approach to drilling oil and gas -- it's part of his personal history. Simply mention the word to the CEO of Exxon Mobil (XOM) and he starts reminiscing about his MOREApr 16, 2012 5:00 AM ET
The company's market cap vied with Exxon Mobil's in see-saw trading Tuesday
The lead changed hands several times Tuesday as Exxon Mobil (XOM) recovered from early losses and Apple's (AAPL) gains leveled off. By 3:00 p.m, Apple's market capitalization (share price times number of shares outstanding) was more than $5 billion larger than Exxon's, according to Google Finance. As the closing bell approached, however, Exxon surged faster than Apple and retook the MOREPhilip Elmer-DeWitt - Aug 9, 2011 2:01 PM ET
But then, neither is Microsoft gaining on Apple
As measured by market capitalization (i.e., stock price times number of shares) Apple (AAPL) overtook Microsoft (MSFT) in May 2010 to become the world's most valuable tech company.
Apple still trails Exxon Mobil (XOM), the No. 1 publicly traded company, by more than $90 billion.
Philip Elmer-DeWitt - Jun 20, 2011 7:51 AM ET
In a provocative thought experiment, Trefis compares its spinoff value to the rest of industry
Assume Apple (AAPL) today is worth $391 billion (nearly 40% more than its current market cap), as the analysts at Trefis estimate it to be.
Assume as well, as they do, that the iPhone represents 53.5% of that value.
Then it follows, according to them, that the iPhone, were Steve Jobs to spin it off as a separate MOREPhilip Elmer-DeWitt - Nov 18, 2010 4:25 PM ET
When growth is graphed against P/E ratio, Apple is literally off the charts
Asymco's Horace Dediu, an independent analyst with a knack for generating eye-opening charts (see here and here), has done it again.
This time he examines the question of whether Apple's (AAPL) shares are over-valued.
The stock has certainly had a good run. At more than $290 a share Apple is now, as Dediu puts it, nearly the most valuable company MOREPhilip Elmer-DeWitt - Sep 27, 2010 4:15 AM ET
It's now worth what Microsoft was six months ago, while Microsoft falls further behind
Apple (AAPL) has set four new record highs in past five trading days. It closed Wednesday at $287.75, pushing its market cap to $262.88 billion, widening the gap with Microsoft (MSFT, market cap: $212.96 billion) and closing in on America's most valuable company, Exxon Mobil (XOM, market cap: $312.89).
Apple overtakes Microsoft, is now No. MOREPhilip Elmer-DeWitt - Sep 23, 2010 6:33 AM ET
Measured by market capitalization, it is second only to Exxon Mobil among U.S. companies
At the close of market Wednesday, Apple's (AAPL) share price stood at $244.11, down $1.11 (0.45%) for the day. Microsoft (MSFT), on the other hand, closed at $25.01, down $1.06 (4.07%).
Why is this significant? Because Apple's market capitalization ($221.36 billion) just overtook Microsoft's ($219.35) for the first time in 20 years, making it the second most MOREPhilip Elmer-DeWitt - May 26, 2010 4:43 PM ET
Men still outnumber women in science and engineering fields. Would a science-loving "Hannah Montana" type change that?
At Fortune's Most Powerful Women Summit last week I facilitated a conversation called "Making Science Cool." Specifically, we gathered to talk about making science cool for girls and young women as they contemplate areas of study and potential careers.
The discussion was led by Marissa Mayer, vice president search products and user experience for Google MOREStephanie N. Mehta, Deputy Managing Editor - Sep 24, 2009 6:00 AM ET
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