FYI: Apple (AAPL) has sat on the throne as the world’s largest company for a few years now after overtaking Exxon Mobil (XOM) for good in late 2013. At its peak in mid-2015, Apple’s market cap had ballooned up near $800 billion, while Exxon’s market cap has steadily drifted lower in recent years down to its current level of just $313 billion. While Exxon is no longer Apple’s main competitor at the top of the food chain, another Tech company has quietly started to give the iPhone-maker a run for its money.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/apple-aapl-suddenly-has-competition-at-the-top/