Apple surpassed in value the entire Russian stock market




Apple capitalization exceeded the total capitalization of the Russian stock market – so, from the beginning of this year, the stock market capitalization of the Russian Federation decreased by $ 268 billion to $ 498 billion, while the market value of US corporations increased by $ 192 billion to $ 661 billion. This was reported on Friday TASS.


“If you have Apple and you decide to sell it, then you have enough money to buy the entire stock market and the Russian Federation and will surrender to buy all Russians on the iPhone 6” – said Bloomberg TV presenter Mark Barton.

RTS index is once again dipped below 1,000 points amid falling oil and the ruble. The euro exchange rate against the ruble on the Moscow Stock Exchange exceeded 59 rubles, and the dollar – 47 rubles. In this case, the cost of Brent crude fell below $ 77 a barrel and hit $ 76.76 – the lowest level since March 2010. Since June of this year, the cost of a barrel of Brent crude oil has plummeted by more than 30%. During the same period, the dollar rose against the ruble by 38%, while the euro – 26%.

At the same time, the cost of one share of Apple since the beginning of the year grew by 41% to $ 112.8. The capitalization of Apple rises following the increase in sales and an increase in the company’s financials. Only in the fourth quarter of fiscal year 2014 net profit Apple made $ 8.47 billion, topping analysts’ forecasts. “2014 fiscal year was a record year in our history,” – said Apple CEO Tim Cook.


According to forecasts of Apple, in the first quarter of fiscal year 2015 revenue of the corporation to be between $ 63.5 to $ 66.5 billion.

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