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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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DelbertGrady3332d 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_duong3332d ago (Edited 3332d ago )

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

darkcharizard3331d ago

Nintendo is bigger than Sony

juniordee3331d ago

darkcharrizard, why bring this up?

John-1173331d ago (Edited 3331d ago )

@DelbertGrady

Hey were is Sony at? ^.^

John-1173331d ago (Edited 3331d 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

zootang3331d ago (Edited 3331d 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 3331d ago
Raikiri3331d ago (Edited 3331d 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 EATER3331d ago (Edited 3331d 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

princejb1343331d 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 3331d ago
tacosRcool3332d 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

lowcarb3331d ago

Yeah if that's the case then most definitely.

Viddharto3331d 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.

thedarkvault3331d ago

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

Bnet3433331d 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.

plb3331d ago

I hate Apple and Apple products

Leafhopper3331d ago

I sell Propane and Propane accessories

Wanna be buddies?

Dr-ZOOM3331d 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%

Monkey5213331d ago

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

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