Apple had twice passed the mark during midday trading in the past, but became the first American company ever to close the day when they hit a $122.02 closing price Tuesday.
A little over a year ago, Apple was in a tight race with Exxon Mobile as the world’s most valuable company. Today, its not even close.
Apple briefly surpassed Exxon as the most valuable U.S. company after an excellent quarter, though the oil company has regained the lead at the market’s close.
Investors seem to think you want an iPad more than oil, as Apple Inc. became the most valuable company in the United States, surpassing Exxon Mobil Corp. on Wednesday.
Apple briefly surpassed Exxon Mobil on Tuesday as the nation’s most valuable company.