Apple’s market cap is bigger than all of Greece, Spain, Portugal, and Ireland put together

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Normally when you hear someone compare a big company to a small country they’re poised to commit some kind of stock-vs-flow error or other apples and oranges blunder. But this is the real deal. Apple’s market capitalization is bigger than the combined value of every publicly listed PIGS company:

Apple became the world’s most valuable-ever company two weeks ago. It is worth $624bn, more than all the listed companies in Portugal, Ireland, Greece and Spain together. The employer of 63,300 people – each valued at $10m – is more valuable than all the shares available to investors in the MSCI China index, the international benchmark.

Via Matt Yglesias.

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including,,, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.