Morning WOW!- Apple On Way to Replace Exxon In Top Slot on Standard and Poor’s 500
Apple’s stock closed at just over $280 on Friday. That places it at about 12% shy of overtaking Exxon in the top slot on the Standard and Poor’s 500 market index. That means Cupertino’s market value may soon be greater than the oil behemoth. That’s particularly amazing when you consider the fact that the companies that have held that position include GE, AT&T, IBM and, of course Exxon. So think about it. The little company in Cupertino may well join the ranks of huge, diversified companies like GE. It boggles the mind, especially when you consider the fact that Apple…