New York, August 10
Technology giant Apple today briefly displaced energy major Exxon Mobil to become the country's most-valuable company.
For several trading hours, the Steve Jobs-led maker of iPhones and iPads was on top of the stock market charts, surpassing Exxon. However, by the close of trade, Exxon was back to its numero uno position. Apple's market valuation was trailing Exxon by only about $2 billion.
At the end of regular trading, Apple shares closed at $374.01, up 5.89 per cent, to take its market valuation to $346.74 billion.
Exxon Mobil closed at $71.64, up 2.07 per cent, with a market capitalisation of only $1.58 billion more at $348.32 billion, the New York Times reported.
During the day's seesaw trading, Apple's market cap surpassed Exxon Mobil by as much as $7 billion.
Technology giant Apple today briefly displaced energy major Exxon Mobil to become the country's most-valuable company.
For several trading hours, the Steve Jobs-led maker of iPhones and iPads was on top of the stock market charts, surpassing Exxon. However, by the close of trade, Exxon was back to its numero uno position. Apple's market valuation was trailing Exxon by only about $2 billion.
At the end of regular trading, Apple shares closed at $374.01, up 5.89 per cent, to take its market valuation to $346.74 billion.
Exxon Mobil closed at $71.64, up 2.07 per cent, with a market capitalisation of only $1.58 billion more at $348.32 billion, the New York Times reported.
During the day's seesaw trading, Apple's market cap surpassed Exxon Mobil by as much as $7 billion.
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