Do you know what are the biggest companies in the world? Insider Monkey revealed "The World’s 15 Biggest Companies" for us to know them.
In August 2011, when Apple Inc. (NASDAQ:AAPL) founder and erstwhile CEO Steve Jobs resigned due to his ongoing health issues, the stakeholders of the company did not know that his successor, Tim Cook, would take the company to new heights. Within a span of one year, Cook helped Apple achieve the highest ever market capitalization that any company has ever achieved.
On August 20th 2012, shares of Apple closed at $ 665.15 with a market cap of $623.5 billion. Impressively, Apple had managed to double its market cap from $300 billion to $ 623.5 billion in just 19 months. At this point, the gap between the market cap of Apple Inc. (NASDAQ:AAPL) and the second largest company, Exxon Mobil Corporation (NYSE:XOM), widened to more than $200 billion. Check on Insider Monkey for the full blog on the biggest companies in the world.