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Monday, April 8, 2013

Technology is Taking Over

    As technology is constantly improving, the supply of its products are increasing.  According to CBS MoneyWatch, Apple is worth $405.56 billion, right under ExxonMobil Corporation being at $410.02 billlion.  As we all know, Exxon is where we get our gas supply and Apple provides us with music, iMacs, iPhones, iPods, and several other electronic devices.  These statistics show the impact that technology has upon our daily lives.  It is being questioned, "will Apple or ExxonMobil still be number one at the end of the decade?"  Honestly, it would not surprise me one bit if Apple rose to what Exxon is worth, or even higher.  As an Apple product user, I have seen how the company has improved on its technology and still is to this day. 
    Seeing what various corporations are worth truly shows how our society holds value to what is on the market.  In the article, it is shown that Wal-Mart Stores is worth $254.24 billion dollars.  That makes a huge difference between that Wal-Mart and Apple.  I suppose this means that people are spending more money on Apple electronics than groceries at Wal-Mart.  The text states that "the lesson here is that the future is very uncertain."  I agree with that statement.  If technology keeps progressing, we will be living in an even more techno-friendly world than we are today. 



Lessons from the List of Most Valuable Companies

By Allan Roth | CBS MoneyWatch