FORTUNE -- With Apple (AAPL) easily the world's most valuable company by market capitalization -- a comfortable $77 billion ahead of Exxon (XOM) -- the action shifts to the neck-and-neck race between Microsoft (MSFT) and Google (GOOG) for the No. 3 spot.
That upward dogleg in the yellow line at the far right of the attached chart is Google shooting ahead of Microsoft in an unusually decisive fashion: In a single $40 billion leap Friday when its shares, powered by a strong earnings report, jumped $122.61 (13.8%) to close for the first time above $1,000.
CORRECTION: Google did not overtake Microsoft on Friday, as the headline implies. It was already No. 3 in market cap -- by $5 billion -- at the close of business Thursday. By the close of business Friday it was $45.6 billion ahead.
UPDATE: From Quentin Hardy's piece in the New York Times: "The jump brought [Google's] gain since its initial offering to roughly 1,100 percent. During the same period, the shares of Amazon.com rose 830 percent. Samsung, which makes smartphones as well as the chips that go into many other manufacturers' devices, rose 760 percent. And Apple leapt a staggering 3,300 percent." (emphasis ours)
Apple is more valuable than Google by every measure except sentiment on the Street.
FORTUNE -- In June Rolfe Winkler, writing for the Wall Street Journal's MarketBeat blog, posted an item called Big Apple, Bigger Google.
By Winkler's calculations, Google's (GOOG) value had just surpassed Apple's (AAPL). Not in market capitalization, mind you, (i.e., share price times number of outstanding shares), which is the way these thing are usually measured, but in MOREPhilip Elmer-DeWitt - Aug 12, 2013 6:35 AM ET
Was Apple's $56 July surge a dead cat bounce, or is Cupertino on the comeback trail?
FORTUNE -- Two years after it first took the crown from Exxon Mobil (XOM), Apple (AAPL) on Thursday reclaimed its title.
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 MOREPhilip Elmer-DeWitt - Aug 2, 2013 6:40 AM ET
The oil giant's interregnum may have been short-lived.
FORTUNE -- Two years ago Apple (AAPL) made headlines when its market capitalization (share price times number of shares outstanding) overtook Exxon Mobil's (XOM) for the first time.
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 MOREPhilip Elmer-DeWitt - May 6, 2013 1:25 PM ET
According to Google Finance, Regis Corp. has a market cap twice as big as Apple's
FORTUNE -- I've long since given up on Google (GOOG) as fair arbiter of business news value (see Has Google Finance's news feed got it in for Apple?). I'd assumed, however, that it could be trusted to deliver accurate market data.
But reader Hank Vaccaro points out that according to Google Finance, Apple's (AAPL) $450 billion market cap was MOREPhilip Elmer-DeWitt - Feb 12, 2013 7:03 AM ET
In 32 years, the value of the company Steve Jobs founded increased 6.2 thousandfold
FORTUNE -- Since June, ISI's Brian Marshall has been sending his clients a daily Tech Tidbit that begins "Did you know?"
On Friday, to commemorate the one-year anniversary of Steve Jobs' death, he offered this summary of Apple's (AAPL) history as a public company:
Steve Jobs co-founded Apple in 1976 and the company went public in 1980 raising about MOREPhilip Elmer-DeWitt - Oct 5, 2012 11:25 AM ET
Its market cap today is $577 billion. Where do the next $400-plus billion come from?
In a note to clients issued early Tuesday, Piper Jaffray's Gene Munster raised his Q2 iPhone estimate (to 33 million), set a new 12-month price target ($910 per share) and -- most provocatively -- laid out a roadmap for Apple's (AAPL) market capitalization to go from $576.79 billion as of Monday's close to $1 trillion by MOREPhilip Elmer-DeWitt - Apr 3, 2012 7:06 AM ET
Another week, another milestone: AAPL closes at $552, up $6.83 (1.25%) for the day
A few facts about Apple's (AAPL) record close Monday:
The day Steve Jobs died, the stock closed at $378.25
Since Oct. 5, Apple's shares have gained $173.75
Apple's market cap has grown by $162 billion and now stands at $514.67 billion
All 30 of Apple's highest closes have been reached this year
Monday's close was $98.99 higher than close No. 30, set on MORE
Investors search for reasons the company's market cap grew by $15 billion in one day
The $16.49 Apple (AAPL) rose Thursday was only its sixth largest one-day dollar gain, according to AAPLInvestors, and in percentage terms, 3.46% doesn't even make the top 10.
But when the world's most valuable company rallies a few points, its market capitalization gets a whole lot bigger. According to the Bespoke Investment Group, Apple's one-day gain Thursday -- MOREPhilip Elmer-DeWitt - Feb 10, 2012 6:05 AM ET
Also, the combined market caps of Google and Microsoft. Steve Jobs would be pleased.
Apple (AAPL) closed Thursday at a record high $493.17, up a whopping $16.49 (3.46%) for the day. That pushed its market capitalization (share price times shares outstanding) to nearly $460 billion -- more than any other company in the world and, as Apple Insider's Neil Hughes noted, greater than the value of Microsoft (MSFT) and Google (GOOG) MOREPhilip Elmer-DeWitt - Feb 9, 2012 5:05 PM ET
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