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               Exxon Dethrones Apple as Most Valuable Corporation

   Apple, the computer and smartphone maker, lost the title of world`s
   most valuable company to oil giant Exxon on Friday.
   Apple`s stock price has been dropping since it hit a high last
   September when its newest iPhone was introduced. Investors may have
   doubts that Apple can continue producing innovative, fast-selling
   products without founder Steve Jobs, who died more than a year ago.
   Apple`s cause was also hurt by growing competition and slowing
   earnings.
   Falling stock prices have cut Apple`s value by more than $200 billion
   to $412 billion. In the meantime, Exxon has built its market
   capitalization to $417 billion.
   Apple held the top spot for about a year. Exxon has been the globe`s
   most valuable company several times over the years.
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   [1]http://www.voanews.com/content/exxon-dethrones-apple-as-most-valuabl
   e-corporation/1591190.html

References

   1. http://www.voanews.com/content/exxon-dethrones-apple-as-most-valuable-corporation/1591190.html