The IT giant Apple is currently the most valuable company in the world based on the value of the shares. The market capitalization of Apple is currently 701 billion in US dollars. 1.7 times more than the second most valuable company Exxon Mobil Corp.
Thanks to the new generation of iPhone models, Apple may decorate with new records again. How Handelsblatt reported, Apple is currently the most valuable company in the world. A share of the IT giants was worth it in the morning in the trading of New York 119.59 US dollars. In sum, this results in a market capitalization of 701 billion US dollars. The distance the runner Exxon Mobil Corp. is growing, although this is not the merit of Apple. The oil industry in which Exxon operates currently suffering from weak oil prices, and therefore also the share value of companies has fallen. Exxon Mobil is currently worth about 405 billion at US dollars. Around 43 billion US dollars less than it was five months ago. The Apple stock has increased in value since the beginning of 48 percent.
The modernization of the range of Apple so bear its fruit and comes primarily to equity holders and owners of the company for good. Investors also are pleased with the system established by Apple Apple Pay payment system and the upcoming Apple Watch. Both should mean that existing customers are more closely tied to Apple products, and new customers will be more interested in Apple products. Analysts also show a positive effect on the development. "Given the significant refreshment of Apple portfolios over the past three months, the innovation weakness of competitors and the free-spending environment in the US, we believe that Apple in the pre-Christmas season has a chance to shine," said Brian White, an analyst at Cantor Fitzgerald.
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