Technology content trusted in North America and globally since 1999
8,395 Reviews & Articles | 64,145 News Posts

Apple's valuation surpasses entire Russian stock market

Apple surpases value of Russian economy, expect Russian planes to buzz Apple HQ soon
By Paul Alcorn from Nov 15, 2014 @ 10:56 CST

Things have been going quite well for Apple as of late. Apple shares closed at an all-time high yesterday, surpassing the value of the entire Russian stock market. Apples market cap has risen to $663.2 Billion, while the entire Russian stock market, the 20th largest market in the world, is valued at $531 Billion.




Russia isn't the only major market eclipsed by the venerable Apple. Singapore and Italy are also worth less than Apple, and as the iPhone 6 continues to be a major success Apple may surpass more countries. Apple has been plagued with Bendgate, iPhone 6 NAND issues, and also raised a ruckus this week by disabling support for third-party SSDs. Apparently this hasn't had much of an impact on the bottom line as they continue their meteoric rise.

Related Tags