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Apple briefly passes Exxon Mobile in market value

By Yan Pei
0 Comment(s)Print E-mail China.org.cn, August 10, 2011
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In January, Apple has just surpassed PetroChina as the second largest company by market value.

 

Apple briefly overtakes Exxon Mobile in market value

蘋果昨日曾為全球市值最大企業

Apple Inc., a company that was on the verge of bankruptcy in 1997, temporarily surpassed Exxon Mobile on Tuesday to be the world's largest company in terms of market value, Sina Tech reported Wednesday.

Shares of Apple surged as much as 6.1 percent to US$374.61 on the NASDAQ stock market, with its market capitalization reaching US$347.3 billion and passing Exxon Mobile for part of the trading day.

Shares of Exxon Mobile rebounded later that day and claimed back the title of the most valuable company in the world.

Apple shares went up 5.89 percent to US$374.01 at Tuesday's closing, while shares of Exxon Mobile closed down 2.07 percent at US$71.64.

Market capitalizations of the two companies are both around US$341 billion, with the energy giant's slightly higher.

In January, Apple surpassed PetroChina as the second largest company by market value. In May 2010, the California-based company overtook Microsoft to be the most valuable tech company in the world.

在周二納斯達克市場常規交易中,蘋果曾短暫超越埃克森美孚,成為全球市值最大的企業。而蘋果在1997年還曾瀕臨破產。

在本周二納斯達克股市,蘋果股價最高增長6.1%至374.61美元,市值達3473億美元。瞬間超越艾克森石油公司。

不過,截止收盤,艾克森石油公司再度超越蘋果,重新成為全球最有價值公司。

到周二收盤時,蘋果股價上漲5.89%,收于374.01美元;埃克森美孚下跌2.07%,收于71.64億美元。

目前,兩家企業的市值都在3,410億美元左右,埃克森美孚市值略高。

今年1月份,蘋果超越中國石油,成為全球市值第二大的企業。去年5月,蘋果市值超過微軟,成為全球最值錢的科技公司。

China's business press carried the story above on Tuesday. 

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