Apple Now Worth More Than Entire Russian Stock Market - with enough money left over to purchase over 190M iPhone6 + -
With Apple at record highs, its market capitalization is now bigger than Russia's entire stock market (the 20th largest market in the world). What's more, as Bloomberg notes, there would be enough money left over after selling Apple and buying Russia to purchase over 190 million contract-free 64Gb iPhone6 Pluses (enough for every Russian).
As Bloomberg adds,
If you owned Apple Inc., and sold it, you could purchase the entire stock market of Russia, and still have enough change to buy every Russian an iPhone 6 Plus.
Russia, the 20th largest among the world’s major markets, is not the only one Apple has surpassed. The company, which forecasts a record holiday-sales quarter and has $155 billion in cash, is also bigger than 17th-ranked Singapore and 18th-ranked Italy.
Read more -
With Apple at record highs, its market capitalization is now bigger than Russia's entire stock market (the 20th largest market in the world). What's more, as Bloomberg notes, there would be enough money left over after selling Apple and buying Russia to purchase over 190 million contract-free 64Gb iPhone6 Pluses (enough for every Russian).
As Bloomberg adds,
If you owned Apple Inc., and sold it, you could purchase the entire stock market of Russia, and still have enough change to buy every Russian an iPhone 6 Plus.
Russia, the 20th largest among the world’s major markets, is not the only one Apple has surpassed. The company, which forecasts a record holiday-sales quarter and has $155 billion in cash, is also bigger than 17th-ranked Singapore and 18th-ranked Italy.
Read more -
http://www.zerohedge.com/news/2014-11-14/apple-now-worth-more-entire-russian-stock-market
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