Apple Surrenders to Exxon Mobil as World’s Most Valuable Company

Apple Surrenders to Exxon Mobil as World’s Most Valuable Company

Lukas Barth/DAPD via AP Photo

An Apple store in Munich, Germany. Apple’s reign as the world's No. 1 stock ended after the shares slumped 17 percent this year, making Exxon Mobil the most valuable company.