Most Valuable Company in the World Is…

In a recent valuation, Apple has been crowned the most valuable company on the planet, and second place wasn’t even close. After its stock hit a record high recently, Apple was valued at $700 billion. That’s $300 billion more than the runner-up, Exxon Mobile. It’s hard to wrap your head around these kinds of numbers, but imagine the enormity that is Google. Even with that kind of influence, Google is still worth only half as much as Apple.

When CEO, Tim Cook, took the company’s reins from the late Steve Jobs, many were in doubt as to whether the reluctant visionary could maintain Apple’s innovation and ascension to the top of the corporate world. In light of the recent stock performance and valuation, those reservations have all but evaporated. Is Apple on target to become the world’s first trillion dollar company? Visit CNNMoney.com to see how it could actually play out.