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Category: Money

Apple is Fast-Becoming the World’s Most Valuable Business

Written on October 05, 2010 by R. Depp

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The iPhone in your hands maybe the next valuable thing to ever exist in the face of the earth.

is in the works to overtake Mobil Corp. to be the largest company by market capitalization. Thanks to the gadgets created by which helps people to multi task when it comes to communicating with other people.

This exceptional move of Apple to the top spot gave the signal that the high value of the market does not anymore solely depend on traditional manufacturing which utilizes the natural resources. Instead, the investors’ revenues come from the expenditures of people to avail of the new technology.

If Apple gets its way passed Exxon, this is the second time a technology company acquired such feat. The first to accomplish such recognition was in the late 1990s.

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