August 10, 2011
From Fox Small Business Center – August 10, 2011
NEW YORK – Investors seem to think you want an iPad more than oil, as Apple Inc. became the most valuable company in the United States, surpassing Exxon Mobil Corp. on Wednesday.
Apple briefly flirted with the top spot on Tuesday afternoon before settling back slightly below the oil giant.
Image by Getty Images via @daylife
Apple’s stock fell 2.8 percent to close at $363.69, which brings the iPhone and iPad maker’s market capitalization to $337 billion. Exxon’s stock fell 4.4 percent to close at $68.03. That gives the oil company a market cap of $331 billion.
Imagine if you’d been the dental company to glom onto the iPAD for marketing purposes when it first launched???!!!!!!!!!
Your email address will not be published. Required fields are marked *
Save my name, email, and website in this browser for the next time I comment.
read more >>