Apple Passes Exxon Mobil To Become MVP

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, ...

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?

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