Apple is No Longer the World's Most Valuable Company

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Posted January 26, 2013 at 12:16am by iClarified

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.

Apple is No Longer the World's Most Valuable Company

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Comments (12)

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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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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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Mike Power - January 26, 2013 at 6:04am

The begining of the end, and they know it..., APPLE-CRAPPLE

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Matt - January 26, 2013 at 4:41am

Maybe they should innovate.

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Copperhead - January 26, 2013 at 6:12pm

Best comment I have read by far...lolz

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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.

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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.

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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 !!

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iDood - January 26, 2013 at 2:28am

Maybe this will be a wake up call for them and force them to be more innovative.

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anonymus - January 26, 2013 at 12:36am

lol thay takeing oil...omfg

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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

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