Can Apple Overtake ExxonMobil As #1 By Market Cap? (AAPL, XOM, MSFT, BP, XTO, USO)

Loading...
Loading...
24/7 Wall Street
keeps
a list of America’s biggest companies by market capitalization rates in its own proprietary Real-Time 500. The issue worth consideration here may seem rhetorical, yet it is almost hard to fathom in thought. Apple Inc.
AAPL
could overtake ExxonMobil Corporation
XOM
as the largest company in America by market capitalization. It was not that long ago that Apple overtook Microsoft Corporation
MSFT
for the #2 slot, and the issue at hand may be tied largely in part to BP plc
BP
and is going to possibly look far different after ExxonMobil closes the XTO Energy Inc.
XTO
deal. Still, it is amazing that this notion has even come within the realm of possibilities. As of yesterday’s close, ExxonMobil Corporation
XOM
had a market cap of $287.05 billion based on the 1.36% drop to $61.10. Apple Inc.
AAPL
has a market capitalization rate of $246.57 billion after its 1.05% drop to $270.97. To read the rest, head over to
247WallStreet.com
Market News and Data brought to you by Benzinga APIs
Posted In: NewsMarkets24/7 Wall Street
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...