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)
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
Also 17 HPs, 15 Facebooks, six Amazons, five Intels, three Googles or two Microsofts
FORTUNE -- MacDailyNews on Wednesday used the occasion of Dell's (DELL) dismal second quarter earnings report to rub Michael Dell's face once again in his 1997 remark about what he'd do if he ran Apple:
"What would I do? I'd shut it down and give the money back to the shareholders."
In a post that charts Apple's (AAPL) growth MOREPhilip Elmer-DeWitt - Aug 23, 2012 7:24 AM ET
With that, it could buy Intel, HP and Dell and still have change left over
FORTUNE -- Bullish Cross' Andy Zaky has published his estimates for Apple's (AAPL) projected growth in cash and marketable securities through the end of fiscal 2013.
If Apple's earnings grow as he expects, the company's holdings -- currently at $110 billion -- will reach $205 billion by September 2013. That's more than the combined market caps of MOREPhilip Elmer-DeWitt - Jun 1, 2012 10:59 AM ET
In two weeks, the company's value had been pulled down by nearly one Amazon
FORTUNE -- In the words of Jason Schwarz:
"If you can keep a good stock down then you are able to load up for the ride back up. It's like a slingshot -- the harder you pull, the more propulsion you generate." -- Apple: Seven reasons shorts love it
There was a lot of pent-up value in Apple (AAPL) MOREPhilip Elmer-DeWitt - Apr 26, 2012 7:04 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
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
The company has gained nearly one Facebook in value since Steve Jobs died
On Oct. 4, the day before Steve Jobs passed away, Apple (AAPL) shares closed at $372.50 and its market cap stood at $347 billion.
Four months later, the stock is up nearly $100 and its market cap is $437 billion. To put that $90 billion gain in perspective, it's nine tenths the value analysts have placed on Facebook in MOREPhilip Elmer-DeWitt - Feb 8, 2012 7:09 AM ET
The world's most valuable company is now worth $425 billion, $24 billion ahead of Exxon
Apple (AAPL) capped a post-earnings surge by closing Tuesday at $456.48, a new all-time record high.
In intraday trading it reached as high as $458.24, also a record.
Measured by market capitalization (price per share times number of shares outstanding), Apple is now worth more than $425 billion, making it the world's most valuable company by far.
No. 2 MOREPhilip Elmer-DeWitt - Jan 31, 2012 4:19 PM ET
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