Apple Again The Second Most Valuable Publicly Traded Company in the World

MacRumors · Jan 25, 2013, 11:31 AM

Back in August 2011, Apple first passed Exxon Mobil as the most valuable publicly traded company in the world. Both companies have risen in value since, but Apple's recent slide has allowed Exxon Mobil to again regain its position at the top of the corporate world.

In the 17 months since Apple passed Exxon Mobil, XOM's stock is up some 27%, while AAPL has risen roughly 18%. Today, however, Apple has set a new 52-week low, while Exxon is matching its 52-week high set last September.

Currently, Apple's stock price is at $441.11 with a market capitalization of $414.28 billion. Exxon Mobil is at $91.43 with a market cap of $416.86 billion.

In Apple's most recent quarter, the company generated $13.08 billion in profit on $54.51 billion in sales, with 72,800 employees. Exxon Mobil generated $9.93 billion in profit on $115.71 billion in revenue with 82,100 employees.

Article Link: Apple Again The Second Most Valuable Publicly Traded Company in the World

srxtr · Jan 25, 2013, 11:34 AM

Twas fun while it lasted

SnowLeopard OSX · Jan 25, 2013, 11:34 AM

When will it end?!

daneoni · Jan 25, 2013, 11:35 AM

Madness

apple-win · Jan 25, 2013, 11:49 AM

Does Exxon Mobile have better balance sheet than Apple?

Exxon Mobile is oil company. Apple is a consumer electronic company. For long term investment, Exxon Mobile stock is a better bet than Apple stock.

NT1440 · Jan 25, 2013, 11:50 AM

Quote:

Originally Posted by apple-win

Does Exxon Mobile have better balance sheet than Apple?

Exxon Mobile is oil company. Apple is a consumer electronic company. For long term investment, Exxon Mobile stock is a better bet than Apple stock.

LOL what do you define as long term?

Oil companies are done in the next 30 years, or we all are.

blackhand1001 · Jan 25, 2013, 01:40 PM

Quote:

Originally Posted by apple-win

Does Exxon Mobile have better balance sheet than Apple?

Exxon Mobile is oil company. Apple is a consumer electronic company. For long term investment, Exxon Mobile stock is a better bet than Apple stock.

Even google is a better investment as there source of revenue is pretty much guaranteed. (ad revenue) The only issue with tech stocks is that they seem to become overvalued far too easily and then they drop like crazy and level out to where they should be.

the8thark · Jan 26, 2013, 07:42 AM

Quote:

Originally Posted by apple-win

Does Exxon Mobile have better balance sheet than Apple?

Exxon Mobile is oil company. Apple is a consumer electronic company. For long term investment, Exxon Mobile stock is a better bet than Apple stock.

What about:
1. oil price volatility
2. The day the oil runs out
3. The gradual movement away from oil

Sure this is a long way away. But exxon's days are constisant but numbered. The opposite of Apple.

billystlyes · Jan 25, 2013, 11:36 AM

Quote:

Originally Posted by SnowLeopard OSX

When will it end?!

When Apple starts innovating again?

newyorksole · Jan 25, 2013, 11:40 AM

I love Apple's products A LOT, but I feel like if they don't change much with iOS this year and OS X then they've hit a plateau.

In a way I feel like they've run out of ideas for hardware, so they really have to let the software shine.

NT1440 · Jan 25, 2013, 11:43 AM

Good move by Al Gore pickup up over $46 milion in stock, especially in a down time!

Keep an eye on the stock this year guys, and be ready to eat your crow

Big things coming.

Bubba Satori · Jan 25, 2013, 12:05 PM

Quote:

Originally Posted by billystlyes

When Apple starts innovating again?

There's a thinner iPad coming in October.

DaveN · Jan 25, 2013, 02:41 PM

Quote:

Originally Posted by billystlyes

When Apple starts innovating again?

So Samsung can start copying Apple again? Larger screen size is not real innovation.

Radio · Jan 25, 2013, 03:16 PM

Quote:

Originally Posted by billystlyes

When Apple starts innovating again?

What one extra row of icons wasn't enough?

Sarcasm

----------

Quote:

Originally Posted by billystlyes

When Apple starts innovating again?

Quote:

Originally Posted by 1080p

Lulz... buy now and watch your money grow when Apple puts out a Siri powered TV.

Siri doesn't work well on my iPhone what makes you think it works ona tv

FrozenDarkness · Jan 25, 2013, 03:22 PM

I actually think an iTV makes no sense. why would they put themselves in a money losing business when they could just do it all from a small box like the appletv? I never understood this. what can't you do with an appletv that you can do with a full television?

apolloa · Jan 25, 2013, 11:36 AM

Maybe its about time Cook used some of that pile of cash to grow the business, like the stock market and analysts want them to do? Because its doing nothing else for the company.

Solomani · Jan 25, 2013, 11:43 AM

Quote:

Originally Posted by apolloa

Maybe its about time Cook used some of that pile of cash to grow the business, like the stock market and analysts want them to do? Because its doing nothing else for the company.

No argument there.

Use the damn cash to BUY things that allow them to leapfrog their competitors who DO NOT have access to as much cash.

Start by buying out (poaching) Google's top engineers. They can do it. Legally.

wordmunger · Jan 25, 2013, 11:45 AM

Maybe time to start buying Apple again?

Squilly · Jan 25, 2013, 02:16 PM

Quote:

Originally Posted by wordmunger

Maybe time to start buying Apple again?

Is it a good time to buy?

macs4nw · Jan 25, 2013, 03:50 PM

Quote:

Originally Posted by wordmunger

Maybe time to start buying Apple again?

That could turn out to be a very good move. For those willing to take the risk, that is.

smoledman · Jan 25, 2013, 05:15 PM

Quote:

Originally Posted by Solomani

No argument there.

Use the damn cash to BUY things that allow them to leapfrog their competitors who DO NOT have access to as much cash.

Start by buying out (poaching) Google's top engineers. They can do it. Legally.

Why would Google engineers want to work at Apple when they do cool stuff like augmented reality and experimental search algorithms? What Apple should do is set up a pure research lab, Apple Research and give it unlimited funds to just innovate.

----------

Quote:

Originally Posted by santaliqueur

I only can imagine what their stock will do when their 2013 holiday quarter is THE most profitable quarter in the history of business. This is stock manipulation at its finest.

Not by margin it wasn't. In fact Microsoft's EBITA was 30% of Revenue compared to 24% for Apple.

AppleFan1984 · Jan 25, 2013, 12:36 PM

Quote:

Originally Posted by apolloa

Maybe its about time Cook used some of that pile of cash to grow the business, like the stock market and analysts want them to do? Because its doing nothing else for the company.

Well, apparently it's doing at least one thing:
http://crave.cnet.co.uk/mobiles/appl...-vow-50009420/

Solomani · Jan 25, 2013, 11:35 AM

But the Apple haters unconditionally SAID yesterday that Apple was dying! Wha' da happen General Cho? Mesa so confusee!

Hakone · Jan 25, 2013, 11:36 AM

I guess I should've shorted at $700.

radicalcentrist · Jan 25, 2013, 11:43 AM

Quote:

Originally Posted by Hakone

I guess I should've shorted at $700.

It's freaking killing me that I bought at $605. I'm not selling (this is a long-term investment), but it's a little soul-crushing watching the stock keep dropping. It'll come back up, though, but it's hard to take right now.

Jan 25, 2013, 11:31 AM	#1
MacRumors macrumors bot Join Date: Apr 2001	Apple Again The Second Most Valuable Publicly Traded Company in the World Back in August 2011, Apple first passed Exxon Mobil as the most valuable publicly traded company in the world. Both companies have risen in value since, but Apple's recent slide has allowed Exxon Mobil to again regain its position at the top of the corporate world. In the 17 months since Apple passed Exxon Mobil, XOM's stock is up some 27%, while AAPL has risen roughly 18%. Today, however, Apple has set a new 52-week low, while Exxon is matching its 52-week high set last September. Currently, Apple's stock price is at $441.11 with a market capitalization of $414.28 billion. Exxon Mobil is at $91.43 with a market cap of $416.86 billion. In Apple's most recent quarter, the company generated $13.08 billion in profit on $54.51 billion in sales, with 72,800 employees. Exxon Mobil generated $9.93 billion in profit on $115.71 billion in revenue with 82,100 employees. Article Link: Apple Again The Second Most Valuable Publicly Traded Company in the World
	0

Jan 25, 2013, 11:34 AM	#3
SnowLeopard OSX macrumors 6502a Join Date: Dec 2012 Location: Southern California	When will it end?! __________________ iPad 4th gen Black/ 32GB/ iOS 6.1.3 iMac G4 1.0 GHz/ 1.25 GHz PPCG4 (7445) iPod \|Classic Black/ 80GB\|U2 edition 20GB iPhone \|4S White/16GB/ iOS 6.1.3\|3G White/16GB iOS 4.2.1
	7

Jan 25, 2013, 11:35 AM	#4
daneoni macrumors G4 Join Date: Mar 2006	Madness __________________ 15" MBP Core i7 \| 27" ACD \| AEBS \| 5G iPod \| iPhone 5 \| 3G Apple TV \| iPad mini
	3

Jan 25, 2013, 11:49 AM	#5
apple-win macrumors regular Join Date: Dec 2012	balance sheet Does Exxon Mobile have better balance sheet than Apple? Exxon Mobile is oil company. Apple is a consumer electronic company. For long term investment, Exxon Mobile stock is a better bet than Apple stock.
	3

Jan 25, 2013, 11:40 AM	#10
newyorksole macrumors 68000 Join Date: Apr 2008 Location: LongIsland/NYC	I love Apple's products A LOT, but I feel like if they don't change much with iOS this year and OS X then they've hit a plateau. In a way I feel like they've run out of ideas for hardware, so they really have to let the software shine. __________________ iPhone 4S. iMac 21.5" Mid-2010.
	6

Jan 25, 2013, 11:34 AM	#2
srxtr macrumors 6502a Join Date: Jul 2010	Twas fun while it lasted
	3

Jan 25, 2013, 11:43 AM	#11
NT1440 macrumors G3 Join Date: May 2008 Location: Hartford, CT	Good move by Al Gore pickup up over $46 milion in stock, especially in a down time! Keep an eye on the stock this year guys, and be ready to eat your crow Big things coming.
	2

Jan 25, 2013, 03:22 PM	#15
FrozenDarkness macrumors regular Join Date: Mar 2009	I actually think an iTV makes no sense. why would they put themselves in a money losing business when they could just do it all from a small box like the appletv? I never understood this. what can't you do with an appletv that you can do with a full television?
	1

Jan 25, 2013, 11:36 AM	#16
apolloa macrumors 68030 Join Date: Oct 2008	Maybe its about time Cook used some of that pile of cash to grow the business, like the stock market and analysts want them to do? Because its doing nothing else for the company.
	17

Jan 25, 2013, 11:45 AM	#18
wordmunger macrumors 603 Join Date: Sep 2003 Location: North Carolina	Maybe time to start buying Apple again? __________________ ResearchBlogging.org Science-Based Running
	13

Jan 25, 2013, 11:35 AM	#23
Solomani macrumors 6502 Join Date: Sep 2012	But the Apple haters unconditionally SAID yesterday that Apple was dying! Wha' da happen General Cho? Mesa so confusee!
	5

Jan 25, 2013, 11:36 AM	#24
Hakone macrumors 6502 Join Date: Oct 2011 Location: Southern California	I guess I should've shorted at $700.
	6

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