Thursday, April 12, 2012

Apple's Market Capital Is More Than Combined Capital Of Over 500 Companies Spain, Portugal And Greece

Apple's Market Capital More Than Combined Capital Of 500 Companies In Spain, Greece, Portugal
Apple's Market Capitalization
Earlier we discussed that the market capital of apple has crossed the milestone of $600 Billion and is close to Microsoft's market capital which is $619 Billion. Apple's Market Capital has just crossed the $600 billion threshold. Today’s accomplishment comes just a month after the company hit $500 Billion threshold. The market overall is down. Analysts believe that if Apple continues to grow at this pace, we'll very soon notice that Apple will become Trillion Dollar Market Capitalization. Stock exchange shows that Apple growth has been tremendous and the stock price is breaking every milestone and benchmark. If rumors are to be believed, Apple will soon become the most valuable company by leaving Microsoft behind.

Appl Stock Chart

Apple is progressing with a remarkable pace and according to analysts, Apple's Market Capital will get soon engulf the combined market capital of over 500 companies of these European Nations - Spain, Germany, Portugal. The combined capital of 500 companies in Europe is less than the capital of Apple.

The CHART OF THE DAY shows the equity capitalization of Cupertino, California-based Apple, the world’s most valuable company, and that of the three European countries at the center of Europe’s sovereign-debt crisis, according to data compiled by Bloomberg. The total market value of the nations’ public companies in November 2007 was 11 times that of Apple’s before $1 trillion was wiped off their shares. - Bloomberg
Apple shares rose eightfold from January 2009 to $636.23 on April 9 as demand for products such as the iPad and iPhone swelled. The average 12-month price estimate in a Bloomberg analyst survey is for the stock to reach $689, or a market capitalization of $643 billion. Spain’s IBEX 35 Index lost 36 percent since the start of 2010, Portugal’s PSI 20 declined 37 percent, and the Athens Stock Exchange General Index slid almost 70 percent as Greece restructured $273 billion in debt, while borrowing costs for neighboring nations jumped. 

Financial analysis statement of apple

“The sovereign debt crisis has turned southern European markets into a graveyard for investors,” Potts said. “While Apple’s innovation, brand and cash generation has transported its investors to a promised land of incredible returns and stock-market dominance.”

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