More like 500 times as much.
The following is from One Giant Leap: The Apollo Guidance Computer
Instruction Set: Approximately 20 instructions; 100 noun-verb pairs, data up to triple-precision
Word Length: 16 bits (14 bits + sign + parity)
Memory: ROM (rope core) 36K words; RAM (core) 2K words
Disk: None
I/O: DSKY (two per spacecraft)
Performance: approx. Add time - 20s
Basic machine cycle: 2.048 MHz
Technology: RTL bipolar logic (flat pack)
Size: AGC - 24" x 12.5" x 6" (HWD); DSKY - 8" x 8" x 7" (HWD)
Weight: AGC - 70 lbs; DSKY - 17.5 lbs
Number produced: AGC - 75; DSKY: 138
Cost: Unknown.
Power consumption: Operating: 70W @ 28VDC; Standby 15.0
The Droid RAZR has a 1Ghz processor -- about 500 times faster -- the computational speed (since it is geometric) of your PDA is probably about 5,000 - 10,000 as fast. And they used storage in KB. We do GB so you probably have millions more storage capacity than the Apollo 11 (AND ALL ITS GROUND BRETHEREN).
This is why I chuckle at the flame wars between apple/ Android/ windows/ Linux. They are all amazing devices.