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Exxon regains title of world's most valuable company after Apple debacle

0. phoneArena posted on 27 Jan 2013, 00:49

Last February, Apple became the most valuable company in the world after it overtook international oil company ExxonMobil and Apple kept going until it set a record in August to become the most highly valued company in the history of the planet; but with Apple's stock now stuck in reverse, ExxonMobile once again can take claim to the title as the world's most valuable firm...

This is a discussion for a news. To read the whole news, click here

posted on 27 Jan 2013, 01:18 9

1. Topcat488 (Posts: 1396; Member since: 29 Sep 2012)

Maybe Apple lost the backing of Wallstreet and Main street, is because they used imaps and couldn't find their way to the markets, to back them(Apple) again... :/

posted on 27 Jan 2013, 01:54 18

6. iamfury (Posts: 77; Member since: 07 Oct 2012)

This my friend is the end of the forbidden fruit....!!!!

posted on 27 Jan 2013, 02:14 2

10. Mxyzptlk (unregistered)

This is only the calm before the storm when the next iPhone comes out.

posted on 27 Jan 2013, 02:38 10

12. maxis3G (unregistered)

are you kidding me??

posted on 27 Jan 2013, 05:37 2

20. Mxyzptlk (unregistered)

No I am not. Everyone keeps posting doom and gloom for apple. This happens every time before they announce the next iPhone.

posted on 27 Jan 2013, 05:56 14

21. tedkord (Posts: 14132; Member since: 17 Jun 2009)

You mean the 5s, which will be the exact same iPhone with a slightly faster cpu and better camera? That'll be quite a storm, for sure.

The stock dropping 40% does not happen every time a new iPhone is announced. Besides, one hasn't been announced.

This isn't the end of Apple. Its the end of Apple being able to cruise on its name. They will have to actually compete now if they want to survive. They've coasted on their logo for seven years now relying on lawsuits to keep the competition from blowing past them in innovation and sales. That didn't work 30 years ago in the desktop market, it didn't work the past two years in the smartphones market, and we're starting to see the same outcome in the tablet market.

posted on 27 Jan 2013, 06:31 2

27. bparkerson (unregistered)

""Before they anounce the new iphone"? This happened after the release of the iphone5 and ipad mini. Say what you want but statistics dont lie.

posted on 27 Jan 2013, 21:13 1

57. Imbatman (Posts: 10; Member since: 07 Jan 2013)

My android wont bend when i sit on it on accident and it wont cost me 600+$ to buy a new one when mine gets stolen. Either way, nokia makes some pretty phones but alas I wont buy a WP8. So android will beat apple and apple will slowly corrode away to a lower stock. They wont initially be dead but they will not be back ontop like they were in the past few years. Their time is over, Androids is here, then possibly Linux / WP. All things end and its apples turn to crumble.

posted on 29 Jan 2013, 00:42

59. Berzerk000 (Posts: 4275; Member since: 26 Jun 2011)

It's only been 4 months though since the iPhone 5 came out. Usually this happens 2-3 months before the iPhone comes out, so are you saying that Apple is going to release another iPhone only 6-7 months after the previous one? That seems rather odd for them to do.

Or are you just pulling out an excuse to try and cover up that Apple is starting to nosedive? I mean, come on, even in the Asian countries where brand names are the biggest deal, Apple is starting to slip. Unless iOS 7 is some major overhaul, they'll continue to go down.

Apple has been riding on the same plain old OS for 6 years. Time for them to do something new, or get out of the game. They're taking the same route RIM took.

posted on 27 Jan 2013, 23:31

58. Nadr1212 (Posts: 741; Member since: 22 Sep 2012)

This is epic(ly) wrong!!!!!!

posted on 27 Jan 2013, 06:22 5

26. JonBjSig (Posts: 176; Member since: 17 Nov 2011)

Then why did the iPhone 5's release do nothing for Apple's market share?
When the iPhone 5 was released Apple's stocks continued to slide, a slight bump in November and then it slid to where it is today.

posted on 27 Jan 2013, 10:09 2

44. dan86 (Posts: 298; Member since: 17 Mar 2012)

Ya storm is waiting to come when Apple Inc would be declared bankrupt after filing official form no 10.

posted on 27 Jan 2013, 02:15 2

11. Mxyzptlk (unregistered)

I'm lost on how you think that was funny.

posted on 27 Jan 2013, 05:02 10

16. -SEUL8TR- (Posts: 113; Member since: 13 Jan 2013)

I'm really so happy, and wish that it drops to 240 in next 4 to 6 weeks, GOD this bad fruit doesn't deserve to be cherished nor shall they have cults, hippys, and users praising this theif.

posted on 27 Jan 2013, 15:24 2

53. metalpoet (unregistered)

I hope their value drops so far that they decide to remove themselves from the mobile market and go back to what they were doing before the world found out that apple is full of douches....go back to making your over priced computers!

posted on 27 Jan 2013, 11:10 3

49. Nathan_ingx (Posts: 4321; Member since: 07 Mar 2012)

I never really understood your species Mxyzptlk...
It's like the whole of the zptlk species from planet M clashed with planet Apple and BOOOOM, Mxyptlk is born...makes sense? No? I feel the same...

posted on 27 Jan 2013, 15:24 1

54. metalpoet (unregistered)

haha dude thats hilarious! :)

posted on 27 Jan 2013, 15:38

56. blazee (Posts: 414; Member since: 02 Jan 2012)

is it bc you used apple maps? lol thats a good one

posted on 27 Jan 2013, 01:18 20

2. abdane (Posts: 494; Member since: 07 Oct 2011)

apple went down from $663B to $413B and will still go down...

posted on 27 Jan 2013, 10:00 5

43. appleDOESNT.com (banned) (Posts: 456; Member since: 19 Nov 2011)

"In other Apple news the company has started pushing out iOS 6.1... ... The update will allow Siri to buy movie ticket..."

After reporting Apple's huge failures in the stock market and market cap, you close with that, lol. Yep siri buying movie tix will get apple back on top!!1 not omg so funny PA :/

posted on 27 Jan 2013, 01:26 24

3. maxis3G (unregistered)

your TIME IS UP!! APPLE!!!

posted on 27 Jan 2013, 05:03 2

17. -SEUL8TR- (Posts: 113; Member since: 13 Jan 2013)

I'm really so happy, they should be tumbling very soon, and will be joking BB and Nokia WP8....

posted on 27 Jan 2013, 06:07 1

23. jaabubut (Posts: 13; Member since: 20 Jan 2013)

Where is maxisLTE? Hahahhaaha

posted on 27 Jan 2013, 07:14 1

29. maxis3G (unregistered)

come soon.....

posted on 27 Jan 2013, 08:02 1

34. -SEUL8TR- (Posts: 113; Member since: 13 Jan 2013)

Very soon.

posted on 27 Jan 2013, 08:43

38. thelegend6657 (unregistered)

Isn't maxis 4gLTE already available in several areas ?
Btw , why you use a carrier name as your username ?
You might as well use a maxis logo as your avatar , retard

posted on 27 Jan 2013, 01:34 1

4. MC1123 (Posts: 1256; Member since: 12 Nov 2012)

I don't think that Exxon deserve the title.. they still didn't pay the families that was affected by the Exxon Valdez tragic

posted on 27 Jan 2013, 02:08 5

9. maxis3G (unregistered)

not sure about that
but if thats true...

posted on 27 Jan 2013, 12:45 2

50. quakan (Posts: 1398; Member since: 02 Mar 2011)

Don't deserve it??? It wasn't like the were voted into these positions, it simply is a matter of fact.

posted on 27 Jan 2013, 15:26 1

55. metalpoet (unregistered)

yes lets make either google, samsung, microsoft, or subnoize records that most valuable company in history!

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