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If you missed this fun (or not) trivia fact: Apple is worth more than the entire Russian stock market (as of the middle of November) [http://www.bloomberg.com/n
by lelf 12y ago
If you missed this fun (or not) trivia fact: Apple is worth more than the entire Russian stock market (as of the middle of November) [http://www.bloomberg.com/news/2014-11-14/apple-could-swallow-whole-russian-stock-market.html http://www.bloomberg.com/news/2014-11-14/apple-could-swallow...]
- kunstmord 12y agoActually, Microsoft is now worth more than the entire Russian stock market, too.
- DMac87 12y agoThese comparisons are almost meaningless - e.g. Apple is worth about the same as Korea's stockmarket, almost as much as China's.
- oldspiceman 12y agoWhy is that meaningless?
- briandh 12y agoBecause, in addition to jhallenworld's point that not all economically relevant companies are publicly traded, not all publicly traded companies are listed on exchanges in their own countries.
- jhallenworld 12y agoAlso, some of the most valuable companies are not listed on any stock market, so the stock market is not necessarily any kind of full picture of the worth of the country. For example: http://www.ft.com/cms/s/2/5de6ef96-8b95-11db-a61f-0000779e2340.html http://www.ft.com/cms/s/2/5de6ef96-8b95-11db-a61f-0000779e23... Yeah, Saudi Aramco 2005 is still worth more than Apple right now.. but oil has fallen so maybe this has changed.
- adventured 12y agoRather than meaningless, it's amazing. Apple is not worth anywhere near as much as China's stock market however. The Shanghai Stock Exchange all by itself is worth several trillion dollars.
- deleted 12y ago[deleted]