For the first time today, Apple Computer topped Exxon Mobil in market value. The tech giant slipped back to second soon after, though. This from the Washington Post:

The market value of the consumer electronics giant was $50 billion away from overtaking that of the oil titan when it reported yet another quarter of record-breaking earnings on July 19.

The changing of the guard is due in part to a market slowdown that has depressed oil prices and taken Exxon Mobil stock down significantly. But the switch is also a testament to Appleā€™s gravity-defying growth

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