Apple moves closer to $1 trillion
In the exclusive club of the world's most valuable companies, Apple (AAPL, Tech30) is king. And its crown just added more bling.
The tech giant is now worth a staggering $700 billion after its stock hit a record high on Tuesday. That's $300 billion more than the market cap of Exxon Mobile (XOM), the second most valuable company on the planet.
To put that in perspective, rival Google (GOOG) is worth about half of what Apple is right now.
The doubts about CEO Tim Cook's ability to deliver in the wake of the death of Steve Jobs in 2011, Apple's founder and visionary, have largely faded.
http://money.cnn.com/2014/11/25/investing/apple-700-billion/index.html?hpt=hp_t3
In the exclusive club of the world's most valuable companies, Apple (AAPL, Tech30) is king. And its crown just added more bling.
The tech giant is now worth a staggering $700 billion after its stock hit a record high on Tuesday. That's $300 billion more than the market cap of Exxon Mobile (XOM), the second most valuable company on the planet.
To put that in perspective, rival Google (GOOG) is worth about half of what Apple is right now.
The doubts about CEO Tim Cook's ability to deliver in the wake of the death of Steve Jobs in 2011, Apple's founder and visionary, have largely faded.
http://money.cnn.com/2014/11/25/investing/apple-700-billion/index.html?hpt=hp_t3
