velu Posted December 29, 2014 Posted December 29, 2014 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. Apple, led by Tim Cook, has being going from strength to strength in recent months, culminating in the release of the company's latest smartphones in September - the iPhone 6 and iPhone 6 Plus. Mr Cook said last month that demand for the new iPhone was off the charts, as he revealed revenues rose 12pc to $42.1bn and profits climbed 13pc to $8.47bn in the fourth quarter. Apple will release its first smartwatch early next year, while a television has been widely rumoured. Mr Cook revealed earlier this year that his company is also working on products that "haven't been rumoured about yet". Meanwhile, Russia has been struggling to cope with a falling rouble and tough Western sanctions as a result of its conflict in eastern Ukraine. The country's central bank slashed its growth forecast for next year to zero and warned of near-recession conditions until late in the decade. It said capital outflows would reach $128bn this year. Apple works with shareholders to maximize returns and is based where property is protected by law, Vadim Bit-Avragim, a portfolio manager at Kapital Asset Management in Moscow, told Bloomberg. In Russia, the legislative protection for property is not as good, most state-run companies have poor corporate governance, resources are concentrated in state hands and borrowing costs are shooting up. After all this, when you get involved in conflicts with your neighbours, it becomes very hard to persuade investors from all over the world to invest here. bit old news , but AAPL price settled at similar levels now :icflove: apple >> combined worth of NSE * 0.5 aaple is valued 5X more than the combined value of all the compnaies listed in karachi stock exchange .. kind of money apple has in hand/bond ( 150++ billion USD ) , they can easily buy whole ludhiana and dump him out of ludhiana :--D:dance:SRC
G_B_ Posted December 29, 2014 Posted December 29, 2014 bit old news , but AAPL price settled at similar levels now :icflove: apple * 0.5 >> combined worth of NSE aaple is valued 5X more than the combined value of all the compnaies listed in karachi stock exchange .. kind of money apple has in hand/bond ( 150++ billion USD ) , they can easily buy whole ludhiana and dump him out of ludhiana :--D:dance:SRC ?????
velu Posted December 29, 2014 Author Posted December 29, 2014 Yet they won't hire you :giggle: its other way .. i wont join apple :finger:
velu Posted December 29, 2014 Author Posted December 29, 2014 ????? NSE market cap is 1.3 trillion :--D
G_B_ Posted December 29, 2014 Posted December 29, 2014 NSE market cap is 1.3 trillion :--D its actually 1.5 trillion so remind me, aaple * 0.5 is >> than NSE how?
velu Posted December 29, 2014 Author Posted December 29, 2014 its actually 1.5 trillion so remind me, aaple * 0.5 is >> than NSE how? Damn it .. Should have put 0.5 on the other side
G_B_ Posted December 29, 2014 Posted December 29, 2014 Damn it .. Should have put 0.5 on the other side 750 billion is still more than Apples market cap of 650..... and for the record the NSE is going to grow at a faster pace than apple in the years to come.... maybe wise to drop that comparison.
velu Posted December 29, 2014 Author Posted December 29, 2014 750 billion is still more than Apples market cap of 650..... and for the record the NSE is going to grow at a faster pace than apple in the years to come.... maybe wise to drop that comparison. I took 1.3 trillion vs 1.5 trillion :sherlock: And I used NSE data for net neutrality :D Watever there won't be companies like aapl or Cisco in the near future from india. Somewhere I read HCl profile was similar to IBM in 90s but couldn't grow bcoz of red tape
randomGuy Posted December 29, 2014 Posted December 29, 2014 I took 1.3 trillion vs 1.5 trillion :sherlock: And I used NSE data for net neutrality :D Watever there won't be companies like aapl or Cisco in the near future from india. Somewhere I read HCl profile was similar to IBM in 90s but couldn't grow bcoz of red tape sale nashe main hai kya? TCS market cap briefly hit $100 billion this yr. IBM's market cap is 160 billion$. And US markets are at all time highs.
velu Posted January 28, 2015 Author Posted January 28, 2015 AAPL shares are trading 8% in pre-mkt trade :woot: 118 USD ..
randomGuy Posted January 28, 2015 Posted January 28, 2015 was showing on tv that they are having very good quarter ( probably a one-off) Micrsosoft on the other hand tanked y'terday due to bad results due to strong dollar
velu Posted February 23, 2015 Author Posted February 23, 2015 AAPL trading @ 132 ++ USD market cap 770++ billion $s :woot:
Desi Cartman Posted February 24, 2015 Posted February 24, 2015 I have been thinking about buying apple shares for the last 3 years and always think "naah a little over priced" FML
Clarke Posted February 24, 2015 Posted February 24, 2015 Good time to buy their stock. They're going to launch a car soon which will require itunes password to be reset every time you start it, will come in two colors: black & white with white being launched much later, service center will blame you for not holding it properly when you point to something negative and finally the car shares your nude pics on the internet.
amiret Posted February 24, 2015 Posted February 24, 2015 I have been thinking about buying apple shares for the last 3 years and always think "naah a little over priced" FML Compared to Indian blue-chips AAPL shares are inexpensive.
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