I came across this disaster of a story from the Associated Press yesterday: “Apple May Surpass Exxon As Most Valuable Company.” Interesting – Apple (AAPL) is a monster – but I didn’t expect the AP (that’s Associated Press, not to be confused with AAPL) to attempt to mis-educate their vast audience with this blatantly false nonsense that shows a thorough lack of understanding of how the SPX works.