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Home » News » Apple drops to 2nd most valuable company

Apple drops to 2nd most valuable company

It might not come to a shock for some people, but Apple has lost its title to Exxon for being the most valuable company in the world, through the decline of their shares.

For almost a year, Apple held the title by reaching the $470PHP 27,582INR 39,832EUR 448CNY 3,421 billion market cap – until recently when it all the way down to a near $400B. To be specific, Apple currently has a total worth of $413.06PHP 24,241INR 35,007EUR 393CNY 3,006 billion with $439.88PHP 25,815INR 37,280EUR 419CNY 3,202 per share – while Exxon fared at a close $418.23PHP 24,544INR 35,445EUR 398CNY 3,044 billion.

apple declines

The fruit company has peaked with the launch of the iPhone 5, yet ironically it’s declining. We can’t help but wonder if this will continue or not, as Apple isn’t really impressing anyone with their present moves such as the iPad Mini, the 4th-Gen iPad and the iPhone 5. While still being great devices, all of them seem to be keeping up with the trends and release cycles of current leaders in the market.

Is it because of the loss of Steve Jobs? Or their stale product line? It feels like they won’t be introducing not much new stuff to the world for quite some time, although there is the rumored Apple TV – but again, that is just a rumor.

{via}

Bob Freking
Bob Freking
Bob Freking occasionally contributes articles to the website. He is a UST Graduate of Commerce & Business Administration, Major in Marketing Management, and a full-time Sith Lord with three dragons.
  1. my wp has no gamezzz and no appzzz :(

  2. Who’s first?

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    • seriously, you don’t know how to use google search?

    • dude exxon is already highlighted!

    • Title lang yata ng article ang binasa mo eh.

  3. hope they can allow bluetooth FTP soon

  4. Hopefully this means cheaper i devices down the road.

  5. ….di sila nag drop to second place..na retain nila ung pangalawang posistion,san ba nakuha ng information tong gumawa ng article na’to…pangalawa na to ah…masabi lang na di nangopya…hays!

    http://www.macrumors.com/2013/01/25/apple-again-the-second-most-valuable-publicly-traded-company-in-the-world/

    • dati silang number 2 then naging number one na sila for sometime, then again nagnumber 2 na ulit sila. konting research pa at syo bumabalik ang insulto mo.

    • Wtf dude? you posted a link that backs up the yuga article. Binasa mo ba ung link na pinost mo? haha.:)) kung ano sinabi sa yugatech yan din ang sinabi dito sa link mo. Read before you critic sir.

      “Back in August 2011, Apple first passed Exxon Mobil as the most valuable publicly traded company in the world. Both companies have risen in value since, but Apple’s recent slide has allowed Exxon Mobil to again regain its position at the top of the corporate world.” malinaw naman ah.

    • BAKA HINDI MARUNONG UMINTINDI NG ENGLISH…LOL

    • Lyle kaya nga sabi ko na-ngopya lang diba…kaw ba naintindihan mo ung post ko….Ung post dun sa link na nilagay ko was created Friday January 25, 2013 9:30 am PST by Jordan Golson un sa sa site na to posted January 28, 2013…so kahit pa sabihin mo may time zone diff. nauna pa din ung sa macrumors…basa basa din kze bago mag react!

    • Quake, wag mong kakalimutan yun first statement mo o baka di ka lang talagang marunong magbasa. Nabasa ko din to sa engadget, gizmodo, verge, techcrunch at lahat sila may source! para kang bata, eh ano kung nauna ang macrumors?! kanya kanyang trip yan ng media consumption. i bet yung nasa-twitter nauna din. ikaw na ang magaling, ikaw na ang nauna.

    • Nagmamagaling kasi itong quake na ito eh.

    • “di sila nag drop to second place..na retain nila ung pangalawang posistion,” – quake

      “Back in August 2011, Apple first passed Exxon Mobil as the most valuable publicly traded company in the world.” – quake’s source

      Ayan na… litaw na litaw na ang ka-tangahan ni quake! BOBO MO, quake!!! UNGAS!!

    • Nakakahiya naman, quake. I’m sure gusto mo nang maglaslas sa sobrang hiya. Gosh, ganyan na pala katindi ang decline ng English proficiency ng ibang mga Pinoy. Of course, di ako kasama dyan. :)

  6. seriously? fruit company? DOLE? Del Monte? Lol!

    • bakit? food products ba pinag-uusapan dito?? malamang ang Apple.. bobo

    • This is the problem of idi*t people that reads articles literally

    • @pons: *This is the problem of id**ts who read articles literally – that’s how you write a sentence, my friend.

      So with that kind of argument, figuratively speaking, Apple is a “fruit” company? What figure of speech is that? Please enlighten me :) If not, then kneel down and apologize! :D

    • boy bitok, apparently, apple being referred to as “the fruit company” did not start here on yugatech. most tech blogs e.g. engadget, gizmodo, phonearena use the term (check the link below).

      those who don’t know that what’s being referred to as “the fruit company” in this article, provided that the word apple is on the title is the idiot. who the fuch needs enlightenment for that other than idiotic fools! it goes without saying

      http://www.phonearena.com/news/Apple-earnings-handily-beat-the-Street-again-thanks-to-massive-iPhone-4S-sales_id26234

    • @Monger so what figure of speech is that bro? You’re point is valid, but you just didn’t answer my question. Now i would say that you were foolish enough to answer that question without reading it through. But i wouldn’t say or even hint to the fact that you’re an “id**t” based on that. Now, if you can answer the question then that would be swell, you’ve by then made a point and I’ve been made the fool. If not, then the both of you should just apologize :D

    • I can’t recall raising this matter as a figure of speech. Silly question if I may add.

    • “@pons: *This is the problem of id**ts who read articles literally – that’s how you write a sentence, my friend.

      So with that kind of argument, figuratively speaking, Apple is a “fruit” company? What figure of speech is that? Please enlighten me…

      @Monger you are either did not see my previous post or you just ddd not see my previous post. I’ll rephrase the question, why call Apple a “fruit company” when it obviously does not sell fruits? And just because other tech blogs are saying that it is a fruit company does that mean that they are right? I just dont see the point of calling Apple a “fruit company.” Even if others are using the term doesn’t mean that it’s right, right?

    • wow! thanks for rephrasing that for me! it helped a lot. here is your answer: get a life!
      by the way, for practicality’s sake, stop thinking for a moment. Why call a phone “galaxy” when it is not a globular cluster?! why not just call it a Samsung Phone?!
      Why Apple call their staff “Genius” when they don’t have the IQ of 145 and above?! Why not just call them Apple staff, because that is what they really are?

      In fact, why did Steve Jobs named the company Apple when they don’t sell Apple?! Why not just call it Computer?!

      If you are in a tech site and you read the word Apple, there is a high probability that they are not talking about the fruit.

    • In the real world, you are just a troll who likes to discredit the blogger of a perfectly fine article/post by raising an irrelevant question. Also, google metaphor for your own sake.

  7. Guys give Bob a break naman lagi na lang siya tinitira sa comment.

  8. These are comments from envious people. Well actually makes bob more popular…more hits and comments. ;)

  9. dapat Bigtime Bob na lang name mo katulad ng palayaw kay Robert Horry mas ok pa yun.

  10. a fruit company? that is very misleading.

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