Russia

Apple is Now Worth More Than The Entire Russian Stock Market

Yesterday, Apple (AAPL) shares closed at an all-time high putting the company’s market cap at around $662 billion. According to a report from Bloomberg, Apple is now worth more than the entire Russian stock market. Russia holds the 20th largest major market in the world and was surpassed by the iPhone manufacturer yesterday. “If you...

Apple’s New iPhones Too Expensive For Russia’s Smartphone Market

As Apple began offering its latest iPhones for sale in Russia today, a report by Bloomberg seems to indicate that the Cupertino company may not succeed in winning too many customers in the region as the new iPhone models are still too expensive for the local smartphone market. Six years after iPhone’s initial release, Apple’s share of...