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"Russian billionaire Alisher Usmanov sees an opportunity in Apple's stock price freefall over the few months and is betting $100 million that the company will turn things around.\n\"I believe in the future of this company even after Steve Jobs,\" Usmanov told Bloomberg. \"When the company lost $100 billion of its market value, it was a good time to buy its shares, as the capitalization should rebound.\" Usmanov's brash bets have paid off in the past \u2014 he made a 10-fold return on investment on Facebook. Usmanov didn't make his estimated $19.8 billion via tech, but rather through mining and lumber operations and investments.\n\"Nothing is eternal,\" Usmanov said. \"But for the next three years I believe Apple is a very promising investment, especially given large dividend payments and buybacks.\"\nUsmanov, the richest man in Russia and the 35th wealthiest man in the world according to Bloomberg, is an investor behind the DST Group of funds, which bought Facebook shares in 2009 and sold them for $1.7 billion during Facebook's IPO, earning about $1.4 billion. \nNot everyone agrees with Usmanov. On Monday, Sanford Bernstein Analyst Toni Sacconaghi predicted that unless Apple came out with a new phone this summer, the company's market share in smartphones would fall into the single digits. Such erosion in Apple's position in the market and its profit margins have convinced many investors that the company's best days are behind it. \nImage via Getty, Oli Scarff"^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2013/04/30/russian-billionaire-apple-investment/>