Amazon Is Now Bigger Than Exxon Mobil

With Exxon Mobil sliding after earnings, Amazon’s market cap – for the first time ever – is now larger than the oil giant.

Just FYI:

  • AMZN 2016 Est Revenue $136bn, Net Income $5.3bn
  • XOM 2016 Est Revenue $225.3bn, Net Income $10.2bn

Next stop AAPL…

 

Charts: Bloomberg

via http://ift.tt/2ap3eGr Tyler Durden

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