APPLE overtakes EXXON MOBIL as the most valuable publicly traded company in the world.

It happened once before, in August, but that
was due to a stock market collapse that left
both Exxon and Apple well below their usual
share price. This time, however, it would
seem that Apple’s Q1 earnings call yesterday
has led to a fresh spike on the stock market
and what do you know?
Apple is once again the most valuable publicly
traded company in the world, with a market
cap of $414.83 billion.
Yesterday’s Q1 earnings call covered the
period starting September 25, 2011 and
ending December 31. That means it includes
numbers for the iPhone 4S launch, along
with any spike in sales during the holidays.
Of course, anyone who’s following along
knows that the next iPad will show its face
pretty soon, leading Apple into what I’m sure
will be another solid year.
Still, it’s a tough feat surging past Exxon as
the company sells a commodity used by
almost every country in the entire world, with
a current market