Exxon once again ‘world’s most valuable company’ as Apple stock sinks

Mashable reports: Apple’s market cap plummeted below $420 billion on Friday after a disappointing earnings report earlier in the week, allowing Exxon Mobil to regain its title as the most valuable company by market cap.

Apple first overtook Exxon in August 2011. At its peak in September 2012, Apple’s market cap was $656 billion, about $240 billion more than Exxon at that time.

Read more updates on Apple’s earnings report on BreakingNews.com.

Photo: Image from Andrew* on Flickr, via Mashable

Notes

  1. shortcutss reblogged this from pdl2h
  2. vasisdas reblogged this from breakingnews
  3. vicki-jingjing reblogged this from breakingnews
  4. bulu reblogged this from vmconverter
  5. kazzxz reblogged this from vmconverter
  6. supriyahearts reblogged this from breakingnews
  7. hm7 reblogged this from vmconverter
  8. screamsoftheunwritten reblogged this from breakingnews
  9. danepinoy reblogged this from breakingnews
  10. rosehilary reblogged this from breakingnews
  11. vmconverter reblogged this from pdl2h
  12. notrebound reblogged this from pdl2h
  13. pdl2h reblogged this from breakingnews
  14. punkrockpony reblogged this from breakingnews
  15. musicmakeussmile reblogged this from breakingnews
  16. salbaby reblogged this from breakingnews
  17. newsfloozie reblogged this from breakingnews
  18. mannyiz4real reblogged this from breakingnews
  19. pulptheblog reblogged this from breakingnews and added:
    I file this under “not so great news”. It goes without saying, we need an answer for oil consumption.
  20. the-electric-boogaloo reblogged this from breakingnews
  21. this-alien reblogged this from breakingnews and added:
    this is all my fault: i joined an IRA that included apple in a mutual fund…and apple’s value has been dropping ever...
  22. growingupstrong reblogged this from breakingnews
  23. skilahthekilla reblogged this from breakingnews
  24. bonghoa reblogged this from breakingnews
  25. maxmilan1 reblogged this from breakingnews
  26. cynthiahasatumblr reblogged this from breakingnews