Apple passed Exxon Mobil back in August 2011 to become the most valuable publicly traded company in the world. But, Apple’s recent slide in the stock market has allowed Exxon Mobil to climb back on top.
In the 17 months since Apple passed Exxon Mobil, XOM‘s stock is up some 27%, whileAAPL has risen roughly 18%. Today, however, Apple has set a new 52-week low, while Exxon is matching its 52-week high set last September.
As seen above, at the time of this article, Apple was at $439.88 in after hours trading for a market cap of $413.06 billion, an Exxon Mobil was trading at $91.73 during the after hours session for a cap of $418.23 billion.
Apple’s most recent quarter saw the Cupertino company generating $13.08 billion in profit, on $54.51 billion in sales, with 72,800 employees. Exxon Mobil had a $9.93 billion profit on $115.71 billion in revenue, with 82,100 employees.