Economy/Business News Alert: Apple surpasses Exxon to become world's largest company

Tuesday, August 9, 2011

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Economy/Business News Alert: Apple surpasses Exxon to become world's largest company
August 9, 2011 1:35:59 PM
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Apple overtook Exxon Mobil as the world's most valuable company Tuesday, as the computer company's stock continued to defy a slowing market.

The changing of the guard is due in part to a market slowdown that has depressed oil prices and taken Exxon Mobil stock down significantly. But the switch is also a testament to Apple's gravity-defying growth.



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