Apple Passes Exxon Mobil To Become MVP

So it's a volatile, anything-can-happen day on Wall Street (don't you just *love* those?), but one with an important milestone for the tech manufacturing sector. According to Mashable, at 1:22 PM ET: "Apple was trading at north of $367 per share, ...
Aug. 10, 2011

So it's a volatile, anything-can-happen day on Wall Street (don't you just *love* those?), but one with an important milestone for the tech manufacturing sector.

According to Mashable, at 1:22 PM ET:

"Apple was trading at north of $367 per share, giving the company a valuation of more than $341 billion, briefly surpassing what Exxon Mobil was worth at that time. The valuations of the two companies have since been crossing back and forth. . ."

Part of the reason for this, of course, is the steep declines of the past week affecting pretty much all stock-issuing entities. Don't you wish Wall Street would go back to being boring again?

About the Author

Brad Kenney Blog

Chief Marketing Officer

Brad Kenney is the former Technology Editor of IndustryWeek and now serves as director of the mobile/social platforms practice at R/GA, a global marketing/advertising firm in New York City.

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