Apple Inc.’s stock had gains on Tues., Aug. 9, 2011 that brought its market capitalization to about $347 billion.
ExxonMobil Corp.’s stock on that same day gave the oil company a market cap of $348 billion.
Earlier in the day however Apple for a short time became the most valuable U.S. Company. Quite a distinction for Apple.
We all know how the White House & Federal Government loves to bash "Big Oil" for being successful and creating a lot of capital in the U.S. market. Will the federal government now turn its bashing on Apple. OH no, say it isn't so!