20 August 2011

how big an APPLE can be?

want to know how much you contribute to apple by buying iphone, ipad and mac air?
read below:


Apple as Big as Europe's 32 Top Banks—Combined
Published: Friday, 19 Aug 2011 | 12:00 PM ET
By: Reuters
Technology giant Apple [AAPL  356.03    -10.02  (-2.74%)   ] is now worth as much as the 32 biggest euro zone banks.
That's the stark result from a steep fall in the share price of banks including Spain's Santander [STD  8.72    -0.37  (-4.07%)   ], France's BNP Paribas [BNP-FR  32.75    -1.46  (-4.27%)   ], Germany's Deutsche Bank [DB  38.44    -1.46  (-3.66%)   ] and Italy's Unicredit [UNCFF  1.32    -0.08  (-5.71%)   ], compared to a steady rise in Apple's valuation, according to Thomson Reuters data.
Earlier on Friday the DJ STOXX euro zone banks index fell 4 percent, valuing its 32 members at $340 billion. That's based on the market capitalization of their free-float shares, which for some French banks in particular is less than 100 percent.
The index has crashed by a third since the start of July, hammered by fears banks will lose billions from their holdings of euro zone government bonds and a failure of policymakers to stop a euro zone debt crisis from spreading.
The euro zone banks have lost three-quarters of their value since peaking in May 2007.
In contrast, Apple's market capitalization has soared to $340 billion on the back of the success of innovative technology products like iPods, iPhones and iPads.

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