SAN FRANCISCO: Based on Apple's growth trajectory, and a number of catalysts in the pipeline -- from a possible new iPhone this fall to expansions in China -- investors and analysts say Apple could unseat Exxon in the next six months, or latest by the middle of next year.
The market value of the top U.S. technology company was only $52 billion short of Exxon's $410 billion on Wednesday, even though the largest of the oil majors rakes in more than four times Apple's annual revenue.
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The market value of the top U.S. technology company was only $52 billion short of Exxon's $410 billion on Wednesday, even though the largest of the oil majors rakes in more than four times Apple's annual revenue.
Continue reading
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