Apple is No Longer the World's Most Valuable Company

Posted January 26, 2013 at 12:16am by iClarified | Please help us and submit a translation by clicking here | 14584 views

Apple today closed at a market cap lower than Exxon Mobile and is no longer the world's most valuable company at least for the time being.

Exxon Mobile closed the day with a value of $418.23 billion while Apple closed at $413.06 billion.

If you are wondering why investors are tanking Apple's stock. You can find a helpful infographic here.

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Comments (16)

Clarence - January 26, 2013 at 4:34pm

I used to be a fanboy, but I switched to Android. Now my semen production is significantly decreased. WTF!

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John - January 26, 2013 at 3:34pm

Let me guess this straight. Just cause apple is 2nd most valuable company now it's destined to fail lol. You guys are ridiculous. Exxon was first at one point till Apple came and took that spot. Exxon didn't go bankrupt or downhill cause if it. So what makes some of you guys think that the same can't happen to Apple. Apple still manage to have quarterly record profits but the stock had dropped by 10%. Just cause analyst predicted a higher profit. These analyst are the ones that should loose credibility.

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Annoyed - January 26, 2013 at 11:58am

Steve jobs. Only he can run apple right. Without him. It will crumble. It will just become another tech company. Besides that JOIN THE NRA!! www.ruger.com get active.

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mikasa sukasa - January 26, 2013 at 8:42am

it was simple and plain.... apple since Cook become the CEO wants to made a new impression to all users, that they gonna lower all their product price and start building new busines strategy..... as we all can see, the sales still explosive yet now... iDevice prices are in the reasonable and avordable line!! well i am glad that they change their strategy to this.

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iPad gay - January 26, 2013 at 6:29am

Apple is crumbling

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