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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.
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