Apple’s App Store Is Worth More Than All Of RIM

RIM hasn’t been having the best year. So it probably comes as a surprise to no one that Apple’s App Store alone is worth more than RIM.

RIM’s stock is $13.44 per share and has a total company value of $7.04 billion, whereas the Apple App Store is $7.08 billion. It’s only a slight lead for now, but this is just a fraction of what Apple is worth as an entire company. The App Store is actually worth only 2% of Apple.