Exxon Regains "Most Valuable Company"

[BarkMaster]

Apple's value has dropped more than 35% since September 2012 when it was worth a more than $700b.

As the bull market progresses to levels not seen since 2007, Exxon (approx $418b) is worth about $5b more than Apple ($413b) as of today.

I am not a fanboi, but I'd like to see Apple stop the drop.

[bayerische]

I'm not sure they can... And I'm a "fanboy". Apple to be honest haven't got the speed they still had a few years ago. I think there's a common factor for that, and he is called Job's.

Competition is crazy hard on all markets Apple is involved in.

Exxon don't really have to market their biggest product (oil) it sort of sells itself.

[77T]

Exxon is in a mature industry and makes its margins by controlling costs and arbitraging oil futures. Their products are core to the economy.

Apple is the same company they were when Steve "left the building" - in their industry that is like going backwards. The oft teased "New Apple TV" didn't materialize at CES and their products are consumer discretionary.

[BarkMaster]

Do you think that Apple has saturated all of their markets? I tend to think so, but maybe all it would take is some major innovation to re-kindle sales. (pun intended)

[Armyguy03]

Apple should have purchased Clearwire for their spectrum and used it to their advantage. They have more than enough money to do it.

[SUBversive]

Originally Posted by BarkMaster

Apple's value has dropped more than 35% since September 2012 when it was worth a more than $700b.

As the bull market progresses to levels not seen since 2007, Exxon (approx $418b) is worth about $5b more than Apple ($413b) as of today.

I am not a fanboi, but I'd like to see Apple stop the drop.

Stock has been around the same price for years. See price of gas and quarterly profits. But the stock price?

[BarkMaster]

Originally Posted by SUBversive

Stock has been around the same price for years. See price of gas and quarterly profits. But the stock price?

Good point!!

[77T]

Originally Posted by Armyguy03

Apple should have purchased Clearwire for their spectrum and used it to their advantage. They have more than enough money to do it.

Clearwire is a quagmire because of spectrum conflict and funding...Sprint has almost given up there.

[Thatguy]

Originally Posted by BarkMaster

Do you think that Apple has saturated all of their markets? I tend to think so, but maybe all it would take is some major innovation to re-kindle sales. (pun intended)

No, they are just getting into China. A rather large market.

[seand442]

I love my iphone and iPad but honestly, has apple done anything earth shattering since Steve Jobs died? And, what is the wait time to get your slightly tweaked iMac or iPad mini? My opinion is that all these so called "analysts" placed their targets on apple so high, it would have been impossible for apple to hit them, especially in the electronics world. Say what you want, we are dependent upon oil to live and while we are very attached to our electronic devices, there are many substitutes and the world will keep spinning if a new iPhone isn't released.

[joe100]

Apple made the iPad smaller, Exxon rules the world. That's the long and short of it

[gulfstream69xr7]

Worked for Exxon for seven years before the merger. Fantastic company to work for and I still own some stock from the old ESOP.

Best preforming stock over the life of the market.

[watchf]

Originally Posted by BarkMaster

Do you think that Apple has saturated all of their markets? I tend to think so, but maybe all it would take is some major innovation to re-kindle sales. (pun intended)

Like an Iphone 6?