As 2010 draws to a close, there has been – as one could expect – a change in the top five companies traded here in terms of their market capitalizations. Three of the top five from 2009 stayed in the top five for 2010 – Exxon Mobil continues to be first with a market cap of $369.92 billion (up from $327 billion a year ago). Amazing what high oil prices will do.
The new number two is Apple, riding the success of its iPad tablet, launched in the middle of this year. Apple’s market cap at the end of this year was $296 billion, up from $188 billion a year ago. That’s a whopping 57% gain.
The other carryover was Microsoft, which came in 3rd this year at $238.27 billion. It held the number 2 spot last year with a $278 billion market cap. That means this year it declined 14%. The new kids in the top five class?