Apple is Double the Size of Its Competitors with a Market Cap at $765 Billion USD
Now valued at $765 billion USD, Apple is worth at least double any other publicly traded U.S.
Now valued at $765 billion USD, Apple is worth at least double any other publicly traded U.S. company, with the number two spot going to Exxon and its market cap of $374 billion USD. According to the WSJ “on a year-end basis, the last time the biggest company by market value was worth at least double the second-largest was 30 years ago.” Coincidentally, IBM ended 1983, 1984 and 1985 with a market cap value more than twice Exxon, who was also second place for those three years. It should be noted that Apple is just a 30% stock jump from becoming the first trillion-dollar company.