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Apple Is Not Most Valuable Company Anymore

Apr 18 2013, 2:58am CDT | by , in News | Apple

Exxon Mobil is now again the world's most valuable publicly traded company as Apple shares hit new low.

Apple Is Not Most Valuable Company Anymore
 
 

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Apple Is Not Most Valuable Company Anymore

Apple stock has closed at $402 yesterday after suffering a sharp decline. This is the lowest point in 18 month. Now Exxon Mobil has back on top of the list of most valuable companies. Reports from suppliers have triggered the sharp loss of over $20 yesterday.

Apple will report its Q2 earnings next week on April 23. Analyst expect declining sales of iPad and iPhone. That actually leaves the chance open for Apple to surprise with something positive that could send the stock higher again.

Also any kind of new product announcement would help a lot right now.

 

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

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