Olfabit exceed Apple and become the most valuable in the world

May

13

2016

Became the company Olfabit , the parent company of Google, the most valuable in the world after that day exceeded the market value of its rival Apple . It reached the market value of the company Olfabt Thursday morning to about 498.56 billion US dollars, during today’s financial dealings.

And it decreased the market value of Apple, which carried the most valuable company in the world market for a long time the title during today’s financial dealings, Hbut market worth about 496.69 billion dollars.

And faced the problems of Apple shares over the past few weeks, after being posted for the first report of its kind over the years, it refers to the decline in sales of iPhone phones.

Apple shares today recorded its lowest level during the past 52 weeks, reaching the value of the stock during the trading session today of $ 89.89, which is the first decline for the company’s share value under $ 90 since the month of June 2014.

The Olfabt company has excelled on 2 February on Apple as the most valuable company in the world market, but that it was only lasts for a short period of time, and soon the company , which is headquartered in Cupertino , California , to regain the title back.

The Apple company has excelled in 2011 in terms of market capitalization on the US oil company Exxon Mobil Exxon Mobi, and possessed since the largest title company in terms of market capitalization in the world.

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