Apple became the most valued company in the world after beating Exxon Mobil in terms of market capitalisation on January 26, but for a short period of time.
The Exxon Mobil Corporation will abandon its shale gas exploration projects in Poland because the company's test wells did not produce commercial quantities of gas, the daily newspaper Gazeta Wyborcza reported, according to Bloomberg News.Reuters
The Exxon Mobil Corporation will abandon its shale gas exploration projects in Poland because the company's test wells did not produce commercial quantities of gas, the daily newspaper Gazeta Wyborcza reported, according to Bloomberg News.ReutersStock Price: $444.63 (as on 26/01/ 2012) 52 Week High : $454.45 Market Cap: $416.38 Director and CEO: Timothy CookReutersStock Price: $147.45 (as on 26/01/ 2012) 52 Week High: $158.83 Market Cap: $269.86 bn Vice Chairman and President: Jiping ZhouReutersStock Price: $0.72 52 Week High: $0.87 Market Cap: $251.4 bn Chairman and Executive Director: Jianqing JiangReutersStock Price: $29.50 (as on 26/01/ 2012) 52 Week High: $29.95 Market Cap: $247.53bn Director and CEO: Steven BallmerReutersStock Price: $190.98 (as on 26/01/ 2012) 52 Week High : $194.90 Market Cap: $225.97bn Director and CEO: Virginia RomettyReutersStock Price: $71.54 (as on 26/01/ 2012) 52 Week High: $77.97 Market Cap: $225.77bn Director and CEO: Peter R. VoserReutersStock Price: $49.93 (as on 26/01/ 2012) 52 Week High: $51.98 Market Cap: $200.41bn Director and CEO: Yue LiReutersThe Supreme Court rejected two patents on a method for monitoring a patient's blood to determine the best dosage for a drug, a decision that may affect the profitability of personalized medicine. Shown is Nestle director and CEO Paul Bulcke.ReutersGlobal miner BHP Billiton is facing a two-week work stoppage at its Illawarra Coal Appin Mine unit as some 50 supervisors demand for an 18 per cent increase in their pay.Reuters
Apple, the maker of iPhone and iPad, became the most valued company in the world after beating Exxon Mobil in terms of market capitalisation on Thursday, but for a short period of time.
Apple's shares were up eight percent after the technology giant posted a fourth quarter profit of $97.4 billion and its market value reached $419 billion on Thursday.
Apple closed at $446.63 a share at the end of trading on January 26.
Exxon Mobil, the oil company, regained its number-one position at the end of trading on January 26. The company's stocks gained four cents at $87.22 for a market capitalisation of $418 billion. Apple closed the day's trading with a market cap of about $415 billion.
Check out the latest list of the richest companies in the world in terms of market value: