Apple Is Now Worth More Than Russia's Stock Market

Apple Now Bigger Than Russia's Stock Market -- The Telegraph

Technology giant Apple is worth more than the combined value of all Russian public companies for the first time

Apple is now worth more than Russia's stock market, new data have revealed.

The US technology giant's market capitalisation has overtaken the combined value of all Russian public companies for the first time in history, Bloomberg reported.

Apple, the world's most valuable company, has added $147bn to its market cap this year and was worth $652bn as of November 12. The shares closed up 1.2pc to $114.18 each on Friday.

Russian equities have fallen $234bn to $531bn in the same period, Bloomberg data stated.

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Update: Apple Could Swallow the Whole Russian Stock Market. Take a Look -- Bloomberg

My Comment: The world is definitely changing.