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"Apple\u2019s valuation has soared passed that of Exxon Mobil, making the technology giant the world\u2019s largest company.  \nAround 1:22 p.m. ET, Apple was trading at north of $367 per share, giving the company a valuation of more than $341 billion, briefly surpassing what Exxon Mobil was worth at that time.  The valuations of the two companies have since been crossing back and forth in a volatile day on Wall Street.  \nWhile we\u2019ll wait and see if Apple holds onto its crown when the market closes at 4 p.m. ET, Apple has been gaining ground fast on Exxon Mobil since reporting record iPhone and iPad sales last month.   At that time, Apple was worth about $50 billion less than the oil giant.  It was only 15 months ago that Apple passed Microsoft to become the world's most valuable tech company, which at the time represented a valuation of $222 billion.\nAlthough a significant milestone for Apple, the company hasn\u2019t been left out of the broader stock market woes of the past several weeks.  Overall, its stock is still down nearly 10% from its highs, though Exxon Mobil has seen a steeper decline as oil prices have fallen."^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2011/08/09/apple-most-valuable-company/>