Home > Fiscal Policy > If only Greece owned Apple

If only Greece owned Apple

Apple Greece bailoutA HT to colleague David Parr for this piece from The Sydney Morning Herald. Apple are currently worth $US194 billion in cash and securities which equates to €178 billion. This means that Apple have enough to cover the €86 billion Greek bailout deal struck earlier in the week twice over — with a cool €6 billion still left over to maybe buy an island or a port. If Apple were a country, it’d be the 55th richest country in the world.

According to the World Bank’s most recent data on national wealth, Apple is now worth more than the following countries:

Belarus – worth $467 billion
El Salvadore – worth $364 billion
Guatemala – worth $548 billion
Iceland – worth – $268 billlion
Jamaica – worth $211 billion
Kenya – worth $366 billion
Luxembourg – worth $419 billion
Mongolia – worth $34 billion
Nepal – worth $151 billion
Nicaragua – worth $101 billion
Sri Lanka – worth $424 billion
Tunisia – worth $475 billion

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