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.
I like chocolates. Godiva Dark with Almonds - not sure of the naked woman on the horse to be the icon of some choice cocoa based products but tastes good. Started in Belgium but now owned by some Turks. Cadburys - Fruit and Nut Milk Bars - awesome combination of dried fruit pieces along with a medley of nuts makes your toungue dance - started by a Brit now owen by Kraft USA. Lindt Hazelnut spheres - made by a Swiss confectioner are divine balls that melt in your mouth with a lingering nutty taste Ghirardelli Milk Crisp Squares - crunchy and light these milk squares are easy on the palate but pack some serious calories - all good I say! Originally founded by an Italian who moved around till he landed in SF Bay today also owned by the Swiss Lindt empire.
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