Business Insider’s Chart of the Day shows us how Apple’s market cap took a turn for the better after the recently resigned Steve Jobs became CEO of the company. Oddly, Apple’s market cap began its ascent shortly after Jobs began his battle with pancreatic cancer. When Apple acquired Jobs back in 1996, their market cap was sitting at $3 billion; currently, Apple’s market cap is sitting pretty at $347 billion, only $2 billion less than the most valuable public company in the world, Exxon, having surpassed Exxon to become the most valuable public company in the world for a short while a couple of weeks ago. One can only wonder if the imminent release of the iPhone 5 will push Apple past Exxon and give them a permanent hold on the most valuable public company position.
(via Business Insider)
Have a tip we should know? [email protected]