Monday, October 4, 2010

Apple to surpass Exxon

Apple is on a track to pass oil giant Exxon as the most valuable company based on market capitalization.
The manufacturer of all things trendy in the tech industry is on track to increase it's value by 50% this year and a miserably small 20% next year.
When you combine the value increase with the percentage of profit and throw in the comparison with Exxon, you can't escape the comparison the media has been avoiding.
Precisely why is Apple "good" while increasing it's value so much and generating a 20+ percent profit year after year when Exxon is "evil" for it's miserably small 10% profit?

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