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July 19, 2011 03:11 am GMT

This Fall, Apple Has A Shot At Becoming The Most Valuable Company In The World

In January, we noted that Apple surged past an amazing $300 billion market cap, making them by far the most valuable tech company in the world. In fact, the valuation made them the second most valuable company in the world period. But at the same time, we noted that it would likely be pretty hard for them to catch number one: Exxon.At the time, Exxon was roughly $75 billion ahead of Apple. And in the following months, while Apple's stock began to stagnate a bit, Exxon's kept rising, pushing their value way past $400 billion. But in recent months, Exxon's stock has also begun to stagnate. Meanwhile, in the past few weeks, Apple's stock is like a rocket once again. Today, the stock closed a new all-time high, just under $375 a share, as 9to5 Mac points out. And it's trading even higher in the after-hours market, as anticipation builds for Apple's latest quarterly earnings tomorrow.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/B5r04oKgTRA/

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