Apple Closes as the Most Valuable Company in the World - MacRumorsOpen MenuShow RoundupsShow Forums menuVisit ForumsOpen Sidebar
Skip to Content

Apple Closes as the Most Valuable Company in the World

by

Apple passed ExxonMobil as the most-valuable publicly traded company several times yesterday, but ExxonMobil ended the day ahead of Apple. Both companies' stock prices were down today, but XOM fell quite a bit farther, making Apple the most valuable public company in the world.

aaplvsxom1
Apple closed the day at $363.49, with a market cap of $337.17 billion. Exxon Mobil ended at $68.03, with the company valued at $330.88 billion.

Apple might be worth more than Exxon Mobil, but XOM remains a much bigger company. Exxon made $10.7 billion in profit on $121.4 billion in revenue in the June quarter with 83,600 employees.

Apple made $7.3 billion on $28.6 billion in revenue with 46,600 employees last quarter.

Popular Stories

iCloud iPhone 17 Pro

iPhone Users Who Pay for iCloud Storage Get Two New Perks on iOS 27

Thursday July 2, 2026 6:10 am PDT by
If you pay for certain iCloud+ storage plans beyond the 5GB that Apple offers for free, you will receive two more perks on iOS 27 at no additional cost. A summary of the two new iCloud+ perks on iOS 27:Increased daily usage limits for some new Apple Intelligence features, including image generation in the revamped Image Playground app. HomeKit Secure Video cameras receive generated video...
Read Full Article • 50 comments
American Express Gold Apple Pay Feature

American Express Announces New Apple Pay Feature

Tuesday June 30, 2026 10:27 am PDT by
American Express today announced that you can now redeem Membership Rewards points when checking out with Apple Pay on the web and in apps on the iPhone and iPad. When checking out with Apple Pay on iOS 18 or iPadOS 18 or later, tap on your eligible American Express card (Platinum, Gold, Green, and others) and select the Membership Rewards points option. You can use points to cover all or...
Read Full Article • 15 comments
series 10 apple watch titanium digital crown

Report: Apple Watch Redesign Coming Next Year With New Band System

Tuesday June 30, 2026 8:45 am PDT by
A "major overhaul" of the Apple Watch's design is due to arrive next year with a new system for connecting bands, according to a known Weibo leaker. In a set of recent posts, the leaker known as "Instant Digital" linked the new claim to older rumors about an "Apple Watch X" model, which was said to introduce a fresh design and break compatibility with the existing watch band system. Citing...
Read Full Article • 188 comments

Top Rated Comments

D
dreamworks21
194 months ago
When reached for comment, Steve Jobs said "yep".
Score: 28 Votes (Like | Disagree)
A
addicted44
194 months ago
That's all very nice but what will it bring to humble users like me? I don't own Apple stock, just buy their stuff. It's about time Apple starts doing some good with that $76 billion stock pile of cash. Good for humanity, expensive trinkets don't fill children's empty bellies.

Actually, yes they do...

I wish people understood a little bit about basic economics before spouting off righteous crap.

Apple's success probably feeds more empty bellies than all the charities in the US combined. By producing these products, there are millions of people who gain a livelihood (directly employed by Apple, employed by contractors, providing services (like restaurants) to these people, the vast number of people employed by adjunct businesses like accessories, and repairs, etc...).

The cash isn't just sitting around (I doubt even a few of those $76Bn are in paper currency form). It is invested in a variety of financial instruments across the world.
Score: 22 Votes (Like | Disagree)
Surely Avatar
Surely
194 months ago

Apple might be worth more than Exxon Mobil, but XOM remains a much bigger company. Exxon made $10.7 billion in profit on $121.4 billion in revenue in the June quarter with 83,600 employees.

Apple made $7.3 billion on $28.6 billion in revenue with 46,600 employees last quarter.

I wonder how much more profit/revenue Apple would make if Apple was given the same tax incentives that oil companies are given....
Score: 21 Votes (Like | Disagree)
sunspot42 Avatar
sunspot42
194 months ago
Congrats, Steve!

Business comeback story of the century.
Score: 21 Votes (Like | Disagree)
T
Tones2
194 months ago
Wish I'd bought shares 15 years ago..!

Yeah, I wish I did a lot of things 15 years ago. :)

Tony
Score: 15 Votes (Like | Disagree)
Pentad Avatar
Pentad
194 months ago
Actually, yes they do...

I wish people understood a little bit about basic economics before spouting off righteous crap.

You are generally correct but let me point out that Apple is no Microsoft in terms of feeding the ecosystem. During the 90s and 00's, more companies -more PEOPLE - benefitted from Microsoft being the king of technology than Apple.

There was a great article -I think- in the WSJ about how the economics of Apple is much different -shall I say bitter- than when Microsoft was at the top of their game. Microsoft was not afraid of spreading the wealth around because it only helped them become larger, stronger, and, well, richer.

Apple does not play that way and they make sure very few people truly profit from their success.

So before you become any more cheeky with your 'I wish people' talk, let's be clear on how much 'help' Apple is giving the rest of the industry - very little.

Lastly, look at the number of employees Microsoft has made into millionaires compared to Apple.

In the end, Apple just can't compare...

Preparing to be downgraded in 3... 2... 1...
-P
Score: 12 Votes (Like | Disagree)
Read All Comments