After the rise and fall in share market in USA, Apple becomes the biggest empire in the USA beating Exxon Mobil (which has been acquiring the crown of being biggest empire in USA since 2005).Previouly Apple rival like Microsoft(in 2000) has acquired the position of being most valuable company but now Apple acquired that position.Each share of the Apple worth $363 making its total value in the market $337 billion. Exxon slipped to second position which worth $331 billion.
Exxon, which set a record in 2008 for the highest quarterly earnings by any company, will find it hard to compete with Apple's growth because its prospects are tethered to oil prices and new oil discovery.
Apple's growth is limited only by innovation. Investors expect it to grow as long as it keeps making products that people want. So investors are betting on Apple's stock even though it currently makes less money than Exxon.
Source
Yahoo News
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