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Apple now the world's second-largest company

A tantalising $47bn behind Exxon.

Apple is trading at around $293 per share on the NASDAQ giving it a market cap of $267bn.

Its performance helped it overtake PetroChina, which is valued at a $265.5bn, and close in on Exxon at $314.4bn.

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DelbertGrady2915d ago

According to Fortune 500 Apple is at #197. Microsoft is at #105.

Exxon is at #3 and China National Petroleum at #10.

http://money.cnn.com/magazi...

anh_duong2915d ago (Edited 2915d ago )

that's revenue you are talking about.. we are talking about market capitalisation i.e how much the company is valued at ..

darkcharizard2914d ago

Nintendo is bigger than Sony

juniordee2914d ago

darkcharrizard, why bring this up?

John-1172914d ago (Edited 2914d ago )

@DelbertGrady

Hey were is Sony at? ^.^

John-1172914d ago (Edited 2914d ago )

NOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOO!!!!!
http://www.nooooooooooooooo...

Joking! Joking! :D

They deserve it they've put much efforts and taken a lot of risks with Blu Ray and Ps3

zootang2914d ago (Edited 2914d ago )

Well they do have some of the biggest film and music studios with artists like Elvis, Michael Jackson and Bruce Springsteen. Not to mention the electronics division with TV's, Blu Ray, DSLR's and HD camcorders used by the film, music and sport industry. Then you have the Mobile Phones (Sony ericksson) and Playstation.

Sony are HUGE!

+ Show (1) more replyLast reply 2914d ago
Raikiri2914d ago (Edited 2914d ago )

This is old news Apple got passed Microsoft for a few months and then Microsoft took back its third place now apple is like 10th place again
here:

http://www.forbes.com/lists...

This site doesn't even have a source

TROLL EATER2914d ago (Edited 2914d ago )

apple is the biggest techmaker in the world now. but the same site said Microsoft still make more profit? must those darn Ms points!! LOOL

princejb1342914d ago

apple could thank the ipod for their success
if it wasnt for their little mp3
they would have ran out of business

+ Show (2) more repliesLast reply 2914d ago
tacosRcool2915d ago

Nice to see that Apple overcharges their products and doesn't pay dividends for investors so one could see why they have that much capital

lowcarb2914d ago

Yeah if that's the case then most definitely.

Viddharto2914d ago

Actually, apple doesn't overcharge it's products. It's just that all programs and such stuff are already included. If you buy a windows computer, you have to buy office etc. separately.

thedarkvault2914d ago

last I checked my mac only came with a 30 day trial of iwork suite, no other office suite preinstalled.

Bnet3432914d ago

Nice try, but Macs are the same way. FinalCut Pro = $99. Windows Movie Maker = Free.

PS: I got Microsoft Office for free, mostly every college student gets it free or discounted.

plb2914d ago

I hate Apple and Apple products

Leafhopper2914d ago

I sell Propane and Propane accessories

Wanna be buddies?

Dr-ZOOM2914d ago

Remember what Apple says Be A Leader Not A Follower!

Yet Seven reached 15% market share in less than a year while it took MacOSX decades to grow to 5%

Monkey5212914d ago

Seven reached that because people were in a hurry to get rid of Vista.

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