During Apple’s most recent stock slide, the company’s market cap slipped below Exxon Mobil, with Apple losing the title of world’s most valuable company – a title which they had held since August 2011. Today, Apple regained enough ground to leapfrog Exxon, once again regaining the “most valuable company” crown.
The critical number to focus on is market cap – and as you can see above, when the market closed today, Apple’s market cap closed about 15.5 billion points higher than Exxon’s. Congrats, Apple! Now, let’s just hope the stock continues to rise back out of the pit it has fallen in since hitting a high of around $700 per share in September…
