Apple loses her position as the most valuable firm among technology sales

Oil and gas producers in Saudi Arabia, Aramco, have taken first place for iPhone producers for the first time in almost two years.

Investors have sold shares in technology firms as they switch to what they see as less dangerous assets.

Bitcoin, other major cryptova peaces and digital assets have also continued to drop significantly.

Yesterday Apple's shares dropped by more than 5% in New York to complete its trading day with a market assessment of $2.37 trillion. This meant losing its position as the world's most valuable company of money to oil and gas producers Aramco, which was estimated at $2.42 trillion.