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July 21, 2011 / David Bleeker

Apple projected to surpass Exxon, become world’s largest market cap company

Apple’s meteoric rise could see it overtake oil giant Exxon-Mobil and become the world’s largest company by market value, one new analysis has projected.

Brian Marshall with Gleacher & Company sent a note to investors this week in which he raised his price target to AAPL stock to $500, up from $450. But before either of those numbers is reached, Apple could become the largest market cap company in the world when the stock hits $445, based on his initial calculations done Wednesday. [read more]

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