Apple loses spot as world’s most valuable company

USA Today:

In trading Friday, shares of Apple (AAPL) dipped below $441 a share, reducing its market cap to $413.96 billion, below Exxon’s $416.95 billion (XOM). Last year, investors and analysts swooned as Apple shares soared and it surpassed the oil giant’s longstanding No. 1 spot.

Makes no sense.