Addicts of the world unite -
Apple Corporation has fleetingly become the largest company in the world based on market capitalization. Keyword fleetingly.
ExxonMobil is traditionally the other one that has held that title. Market cap is defined as total shares otustanding times the market value of the share.
This is merely a reflection of what investors view the worth of the business to be. Now Apple has not had a run up out of that zone where it barely scraped Exxon for the top slot - a mere reflection of being too big to grow based on an earlier high water mark (or high Gas Mark)!
Though on closer inspection it appears there are some similarities betwixt the two. Both are commodities that people now find hard to leave their home without. It is omnipresent where you look - and is addictive.
People need to speed on the blacktop as much as the information highway and this speed (some drugs were actually called that) need is satiated with both these products. But if only people slow down and chill they realize that they were merely running in circles or getting ahead of everyone to the next red light.
Economies of Peru and Venezuela today run on other addictive substances that can kill. The net benefits of the Apple and Exxon products although more useful and somewhat less threatening also tend to have the same effect as getting people to pay premiums and want it every living moment.
If drugs were made legal - which they should be - South American countries might have the highest valued companies in the world. Among many benefits will be that weak people who can succumb to halucinogenic chemicals will get easy access and depart soon without causing undue harm to society.
Fortune will have to rewrite its top 100 list completely rather than compare the fruit and the Gas company all the time.
So its all Gas at the end of the day.
This autumn the weather gods cooperated as we took a family trip in the northeast to see six states that qualify or makeup what is known colloquially in America as New England. Mass, Maine, Vermont, New Hampshire, Connecticut and Rhode Island (tiniest state in the union). The outing helped tally up the states we either lived in, visited or have worked in to 47. Guess which three have eluded this intrepid traveling family. Any rate the drive was all in about 1,800 miles and included some memorable geographic wonders or points of interest. Easternmost part of state of Massachusetts being one. Furthest drivable road east in Mass being another. Visit to all Ivy League schools (term harkens to a collegiate athletics conference and generally regarded as elite academic institutes of some repute worldwide) is another random bucket list item of which this trip afforded the chance to knock two more of the list. Dartmouth in Hanover, NH and Brown (and its sister institute the RISD - school f
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