symbolset's Journal: Apple tops the S&P

Today at the close of the market Apple became the largest publicly held corporation by market capitalization. At $337.17 billion Apple's market value came to more than the prior number 1, Exxon which closed the day valued at $330.7 billion. Apple has had an amazing run up in the last few years, growing over 320% in the last 32 months. Most attribute this to the strengths of new products the iPhone and iPad, which between them account for two thirds of the company's revenues.