CHART OF THE DAY: Apple Is About To Be Worth More Than All The Companies In Spain, Portugal And Greece COMBINED

button more charts
button chart prev
button chart next

Here’s a fun chart produced by Bloomberg via our friends at Birinyi & Associates.

It’s Apple’s market cap versus the combined market caps of all of the publicly traded companies in Spain, Portugal and Greece combined.

Analysts see Apple shares continuing their unparalleled ascent.  Currently worth around $586 billion, if Apple can get to around $590 billion, it would be worth as much as all of the companies in Europe’s most debt-laden countries.

chart of the day, apple market cap vs spain, portugal, greece

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.