Apple became the most valued company in the world after beating Exxon Mobil in terms of market capitalisation on January 26, but for a short period of time.
Apple, the maker of iPhone and iPad, became the most valued company in the world after beating Exxon Mobil in terms of market capitalisation on Thursday, but for a short period of time.
Apple's shares were up eight percent after the technology giant posted a fourth quarter profit of $97.4 billion and its market value reached $419 billion on Thursday.
Apple closed at $446.63 a share at the end of trading on January 26.
Exxon Mobil, the oil company, regained its number-one position at the end of trading on January 26. The company's stocks gained four cents at $87.22 for a market capitalisation of $418 billion. Apple closed the day's trading with a market cap of about $415 billion.
Check out the latest list of the richest companies in the world in terms of market value: