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.
Add Comment
Would you like to be notified when someone replies or adds a new comment?
Yes (All Threads)
Yes (This Thread Only)
No
Notifications
Would you like to be notified when we post a new Apple news article or tutorial?
Yes
No
Comments (12)
Comments are closed for this article.
0
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!
0
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.
0
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.
0
Mike Power - January 26, 2013 at 6:04am
The begining of the end, and they know it..., APPLE-CRAPPLE
0
Matt - January 26, 2013 at 4:41am
Maybe they should innovate.
0
Copperhead - January 26, 2013 at 6:12pm
Best comment I have read by far...lolz
0
THui - January 26, 2013 at 3:42am
I still think Apple makes the best smartphone and tablet quality wise and most companies have a up and down period. Huge growth ain't going to last forever. Look, Apple still had record sales and earnings, it just didn't meet estimates. That's why there is panic selling. If Apple comes out with a new TV and a lower cost IPhone catered to emerging countries, their stock will go way up again. It is all about new innovation on top of improvements to what they already have.
0
Producer James - January 26, 2013 at 3:39am
In the end, the company will make truck loads of money and will for the continuous future. Apple is not worried about losing its status. What it comes down to profit and they are king. Market share and the status of being the most "valuable company" doesn't put money in their bank account. Making the best products and marketing them well is what does.
0
Elizabeth - January 26, 2013 at 3:32am
All good things must come to an end or was it all that good ? Now they speak of an iPhone 5S with a better camera,,, how many phone models will it take to get it right ? I have the iphone 5, ipad 2 and it will stop here for me. Looking forward to my jb and I am done with Apple. For all the money that has been spent keeping them number 1, you would think Apple would stop their monopoly and controlling ways. One thing I am happy for,,, is blogs such as these to read what others are going thru and to vent as well :) Thanks IClarified for keeping me abreast of the truth !!
0
iDood - January 26, 2013 at 2:28am
Maybe this will be a wake up call for them and force them to be more innovative.
0
anonymus - January 26, 2013 at 12:36am
lol thay takeing oil...omfg
0
Dyllon - January 26, 2013 at 1:59am
What wtf did that mean.... Apple really needs to to something fast or there gonna be in trouble if there not up 120 points by Christmas there doomed
![Apple Reports Q1 FY26 Earnings: $143.8 Billion in Revenue, $42.1 Billion in Net Income [Chart]](/images/news/99781/99781/99781-160.jpg "Apple Reports Q1 FY26 Earnings: $143.8 Billion in Revenue, $42.1 Billion in Net Income [Chart]")
![Tony Fadell Slams 'AI-First' Hype, Calls Apple Vision Pro an 'Abject Failure' [Video]](/images/news/99779/99779/99779-160.jpg "Tony Fadell Slams 'AI-First' Hype, Calls Apple Vision Pro an 'Abject Failure' [Video]")
![AirPods Pro 3 Return to All-Time Low Price of $199 [Deal]](/images/news/99752/99752/99752-160.jpg "AirPods Pro 3 Return to All-Time Low Price of $199 [Deal]")
![Apple's 13-Inch M5 iPad Pro (Silver) Hits New All-Time Low at $1,149.99 [Deal]](/images/news/99729/99729/99729-160.jpg "Apple's 13-Inch M5 iPad Pro (Silver) Hits New All-Time Low at $1,149.99 [Deal]")
![Apple's 13-Inch M5 iPad Pro (1TB) Hits New All-Time Low at $1,706 [Deal]](/images/news/99716/99716/99716-160.jpg "Apple's 13-Inch M5 iPad Pro (1TB) Hits New All-Time Low at $1,706 [Deal]")
![Apple Pro Display XDR Drops to $3,999 With Massive $1,000 Discount [Deal]](/images/news/99684/99684/99684-160.jpg "Apple Pro Display XDR Drops to $3,999 With Massive $1,000 Discount [Deal]")
