The days of Apple being the #1 valuable company are over as the new #1 is Oil company Exxon Mobil. Exxon Mobil was once the most valuable company until Apple came and took the spot with the rise of their iPhone. Since its record number of sales back in September the company share have fell 37%. And on Weds. Apple posted some disappointing numbers with its iPhone. Like some Analysts feel the iPhone and Apple as a company has peaked and the days of it being the number 1 valuable company are over. Things could change when Apple releases their cheaper iPhone over the summer. I think Apple as a company recognized the numbers falling and decided to release 3 iPhones this year. Since it’s release Apple only had 1 release per year, but companies like Samsung have put some pressure on the tech company.
