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California Passes Texas by One Business Measure

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California Passes Texas by One Business Measure

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

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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.

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