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Apple Becomes Most Valuable Company In The World

AppleWhile most of the companies are losing their shares in the stock market because of the worst economic conditions, Apple still able to find a way to remains stable, and becomes the most valuable company in the world.

According to the information, the Apple’s market capitalization reached $341.55 billion today, popular American energy company – ExxonMobil shifts to second position from the top with the current value of $341.42 billion.

Apple’s revolutionary tablet device iPad plays a very important role in the growth of the company, as Apple sold 9.25 million iPads in the last quarter with an increase of 183% in the comparison of last year.

“On the iPad side, they’re so far ahead of the market that none of the Android or other tablet competitors have really made much of a dent in their market share,” said Charles Golvin, an analyst with Forrester Research. “‘Tablet is still essentially synonymous with ‘iPad.’ ”

Well at start Apple was one of the failed companies with buggy operating system and faulty hardware, but with the introduction of the Apple’s Mac OS X and iPhone device, and now iPad, takes Apple to a height of popularity and makes it a most valuable company in the world.

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