Google has exceeded Exxon Mobile to become the second most valuable company in the world, trailing only Apple (AAPL) Inc. and underscoring the growing role of technology in the economy.
Google had a higher market capitalization during intraday trading today before falling back at the close in New York to a value of $395.4 billion compared to Exxon’s $395.7 billion. Apple had a market value of $463.5 billion. Software company Microsoft Corp. is No. 4 with $303.5 billion.
Google first passed Microsoft’s market value in October 2012 to become the fourth most valuable company in the world.
Then one year later, Google’s stock hit $1,000 a share for the first time.
Google is now about $75 billion behind Apple, one of its chief competitors and currently the most valuable company in the world. Here is the current list of top 10 valuable companies as of today.
And here is the list of the top 5 most valuable companies in the world 2013.