By A Staff Reporter : Bad news for Apple users.The company lost the title of the most valuable company in the world. Apple is no longer considered the most valuable company in the world.Saudi Aramco, the world's largest crude oil exporter, is at the forefront of technology. The company is 94 percent owned by Saudi Arabia.
Saudi Aramco was ranked 4th most valuable company last year.Apple, on the other hand, reported a 19 percent loss.Apple is said to have sustained losses of 19%, and its share prices fell to $146 (the lowest since November 2021) after hitting the $3 trillion mark. As of now, Apple is said to be valued at $2.37 trillion. Whereas, Aramco is valued at $2.43 trillion market value.So far, Apple is valued at $2.36 trillion, while Aramco has a market value of $ 2.43 trillion.