Meet America's New Largest Publicly Traded Company (If Only For A Few Minutes)
Today we passed a historic milestone in which a company making niche fad products for the modern version of the Borg collective just surpassed in market cap a company extracting and processing the most valuable product for the modern industrial economy. We doubt this will be sustained (at some point Americans will be forced to pay their mortgages, probably after the TARP 2 rescue of Bank of America), but in the meantime, and for those collecting "first ever" charts, here is Apple trading above XOM in market cap, making it the largest publicly traded company in the US.
AAPL vs XOM:
- advertisements -