Apple Is Now Worth More Than The Entire Russian Stock Market

It might seem a little odd that one single company is now worth more than the entire publicly traded market of a major economy. But that’s what has happened to Apple just recently: that one single firm is now worth more than the entirety of the Russian stock market. However, this isn’t so much a story about how wonderfully Apple is doing (the valuation of Apple is still quite low going by the traditional numbers like EPS and so on), rather, it’s more of a story about how appallingly bad Russian public policy is.

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Sahil2155d ago

Hahaha, had to happen one day eventually.