23.07.2011 03:20 Uhr, Quelle: MacNN

Apple poised to beat Exxon Mobil in market cap

In the near future, Apple may surpass Exxon Mobil as the world's biggest corporation in terms of market capitalization, says Gleacher & Co. analyst Brian Marshall. "Apple continues to defy modern principles of economics and delivered the investment community something never seen before (e.g., quarterly revenue of $28.6 billion growing 80 percent year over year)," he writes, referring to this week's third-quarter results. "We expect Apple will become the largest market cap company on the planet when the stock hits approximately $445."

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