Apple closes the stock market today as the most valuable company in the world

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Apple closes the stock market today as the most valuable company in the world

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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.
 
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unfortunately, the way the world is setup currently... oil is pretty much a necessity to commute for a large portion of the population. Not only is it used in gasoline, but in it's used for producing plastic, diesel fuel, motor oil, and literally thousands of other products. It's no surprise some of the largest companies are in oil.
 
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