Prop Zero
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California Passes Texas by One Business Measure

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    NEWSLETTERS

    Designer Michal Bonikowski's guess at what Apple's next iPhone could look like.

    California just beat Texas by one business measure.

    That measure? Most valuable company in America.

    In trading Tuesday, the value of Apple -- the California technology company -- surpassed that of the previous #1, Exxon Mobil, the Texas oil giant.

    The markets now value Apple at $338 billion, and Exxon Mobil at $337 billion, according to the Associated Press.

    This could change as soon as, well, Wednesday. So Californians should celebrate while they can.