Reuters: Exxon Mobil became the largest U.S. publicly-traded company by market value, one year after losing the placement to Apple.
Reuters: Exxon Mobil became the largest U.S. publicly-traded company by market value, one year after losing the placement to Apple.
Apple’s market capitalization has fallen by about $250 billion – roughly the market value of Google Inc – since hitting a high last September, when the stock traded above $700.
Apple shares slid 12.4 percent on Thursday – their biggest percentage drop since late September 2008 – as disappointing holiday-period iPhone sales reinforced fears it is losing its dominance in smartphones.
