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Apple set to surpass ExxonMobil as world's most valuable company

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Several sites are reporting that Apple is about to pass Exxon Mobil as the world's most valued company, by market capitalization.

StreetInsider.com reports that Apple's market cap is US$333.7 billion while Exxon Mobil's is $338 billion, meaning they could hit that cap today. We'll keep an eye on it and let you know when Apple surpasses this landmark milestone.

If it turns out to be true, congratulations to Steve Jobs and everyone at Apple. That's an amazing achievement.

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