Apple (AAPL) has lost its title as the word’s most valuable company to Exxon Mobil (XOM) only a year after it reached the milestone. Despite reporting strong earnings this week, expectations are high for the company and its guidance has Wall Street investors worried. Shares of Apple have¬†been hit hard in recent weeks and have continued to fall to a 12-month low. On Friday, the company’s market cap fell below $416 billion, giving Exxon Mobil the title of world’s most valuable company once again. As of publication, Apple is currently trading down more than 2% at $441.36 a share with a market cap of $414.26 billion.