Apple Shares Reach $500 Milestone
Is it all about Apple? This FT article shows how much influence a single company has, which is indeed a danger should that company slip. On the other hand, most countries have one company or sector that is a stand-out and punches way above its weight: it’s like Finland and Nokia, or Brazil/Norway and Petrobras/Statoil, etc.
It’s kind of like saying Manchester United isn’t so good, except they have Wayne Rooney*. Well, they do.
(Or for you New Yorkers, the Knicks aren’t so good, except they have Jeremy Lin).
Comments are closed.
