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Apple will soon lose the most valuable company rank in the world

THE Apple today had another historic day on NASDAQ.

Its shares closed the day high at 1.93%, quoted at $ 270.71 new record value for the company, as well as the peak reached during the nail of $ 271.

With this, the company's market value went to $ 1.223 rail.

THE Microsoft, which comes just behind it, rose 1.21% today and is now worth $ 1.158 rail.

But soon, Apple will lose the title of most valuable company in the world. And no, it won't be for Microsoft.

Saudi Oil IPO

As you reported today Reuters, the oil giant Saudi Aramcofrom Saudi Arabia is finalizing the process of the largest IPO in history.

Within a few days, the company is estimated to enter the Saudi stock exchange worth about $ 1.7 rail and she had hopes of surpassing the $ 2 trillion mark. No wonder: the giant profits horrors from its operation.

Interestingly, for a long time (l in 2011-13), Apple had a fight with the American oil company. Exxon Mobil by the title of most valuable company in the world. At today's close, it is worth β€œonly” $ 294 billion.

Saudi Aramco debuts on the Saudi stock exchange on December 11, with its papers worth $ 8.53 each.

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