Exxon Mobil finished 2011 where it started: As the world's most valuable company
It was nip and tuck for more than three months, from that day in early August, when Apple (AAPL) first overtook Exxon Mobil (XOM), to mid November, when Exxon finally pulled away.
At one point in late September, Apple's market cap (share price times number of outstanding shares) was nearly $36 billion more than Exxon's.
But though Apple's shares ended the MOREPhilip Elmer-DeWitt - Jan 2, 2012 11:58 AM ET
Another striking visualization from Asymco
Nobody covering high tech today is better at turning raw data into colorful, expressive visuals than the Asymco team of Horace Dediu and Dirk Schmidt. On Tuesday Schmidt marked the end of the second Steve Jobs era by graphing the market capitalizations of Apple (AAPL) and 16 of its peers from 1997 (when Jobs returned to Apple) to 2011 (when he stepped down as CEO).
"According to his own MOREPhilip Elmer-DeWitt - Sep 29, 2011 8:03 AM ET
Apple (AAPL) got clobbered Thursday, losing $10.32 (2.5%) to close at $401.82. But it got clobbered less than the rest of the market. Exxon Mobil (XOM), in particular, fell 3.79%.
Bottom line: Apple, whose market capitalization trailed Exxon's by $50 billion three months ago, and which first overtook Exxon six weeks later, is now the world's most valuable public company by $35.87 billion.Philip Elmer-DeWitt - Sep 22, 2011 5:37 PM ET
When the rest of the market is tanking, the company's shares offer a relatively safe haven
On Monday, when the Dow opened down $250, Apple (AAPL) rose $11.13 (2.78%) to close at a new record $411.63. On Tuesday, Apple opened at $415.35 and hit $422.86 shortly after noon.
UPDATE: Apple closed Tuesday nearly where it started, at $413.45, up $1.82 (.44%) for the day.
To put Monday's close in perspective:
Apple shares were up MOREPhilip Elmer-DeWitt - Sep 20, 2011 7:33 AM ET
When the market closed, it was once more the world's most valuable public company
When analysts warned that the greatest risk to Apple's (AAPL) share price was Steve Jobs, they assumed that when he stepped down the stock would fall.
So much for that theory.
If the market action Thursday was ambiguous (the stock fell a bit, but less than the major indices), the message Friday was not. Apple rose $9.86 (2.64%) to close MOREPhilip Elmer-DeWitt - Aug 26, 2011 7:22 PM ET
With a market cap north of $340 billion, the company invites incongruous comparisons
There's a new parlor game being played on Tumbler called Things Apple Is Worth More Than.
The rules are simple: Take Apple's (AAPL) market cap -- $346.36 billion as of Tuesday's market close -- and find something huge that has a lower value. There are a dozen entries so far on Tumbler. In chronological order:
All 32 Eurozone banks
The Great MORE
The closing bell rang Wednesday with Apple's market cap, for the first time, at No. 1
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 MORE
The computer maker is once again the world's most valuable company
As the Dow Jones industrial average plunged another 500-plus points Wednesday, Exxon Mobil (XOM) plunged more than Apple (AAPL) and once again gave up its long-held spot as the No. 1 public company in the world in terms of market capitalization.
When the closing bell rang, Apple closed on top for the first time. The tale of the tape looked like MOREPhilip Elmer-DeWitt - Aug 10, 2011 11:55 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
Bank of America's market cap hit $70 billion Monday. Apple could buy it with cash.
In the wake of Standard & Poor's downgrade of U.S. government securities -- from AAA to AA+ -- Apple's (AAPL) shares are getting pummeled along with the rest of the market.
But after the subprime mortgage debacle and the debt ceiling circus, it's worth remembering that this is a company whose profits last quarter grew 125% year MOREPhilip Elmer-DeWitt - Aug 8, 2011 12:22 PM ET
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