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 View high resolution

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

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    I file this under “not so great news”. It goes without saying, we need an answer for oil consumption.
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    this is all my fault: i joined an IRA that included apple in a mutual fund…and apple’s value has been dropping ever...
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