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Apple climbs in Fortune 500 ranking to #3, overtaking Chevron and Berkshire Hathaway

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Apple has climbed two places in this year’s Fortune 500 list, a ranking of U.S. companies by revenue. Apple moved from 5th place last year to 3rd this, overtaking both Chevron and new AAPL investor Berkshire Hathaway, though still sitting behind Walmart and Exxon Mobil.

Reading Fortune‘s write-up of Apple, however, you might be forgiven for thinking it had fallen in the ranking rather than climbed …


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Apple ranks in at number 5 on latest Fortune 500 list

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Apple ranks in at number 5 on the latest Fortune 500, the annual list that ranks US companies by revenue, this time for fiscal year 2014. The company maintains its same position as last year behind Berkshire Hathaway (no. 4), Chevron (no. 3), Exxon Mobil (no. 2), and Wal-Mart Stores (no. 1).

While Apple comes in at fifth place for revenue, Fortune notes that it “boasts both the biggest profits of any company on the list ($39.5 billion) and the highest market value (more than $700 billion).”
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Tim Cook & Apple celebrate another 100% score on HRC’s Corporate Equality Index for 13th year running

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Apple CEO Tim Cook today announced via his Twitter account that Apple has received a 100% score on HRC’s Corporate Equality Index for the 13th year in a row. Apple once again makes the list put together by the Human Rights Campaign Foundation, which rates U.S. workplaces based on lesbian, gay, bisexual and transgender equality:
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AAPL climbs to #5 in Fortune 500 as gross revenues reached $170B

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Apple’s gross revenues of $170B were enough for the world’s most valuable company by market cap to climb one place in the Fortune 500 ranking, from 6th to 5th place.

Apple was placed behind Walmart, Exxon, Chevron and conglomerate holding company Berkshire Hathaway (which owns large chunks of such well-known brands as Heinz, Coca-Cola, Mars and American Express). Phillips 66, General Motors, Ford Motor, General Electric and Valero Energy make up the rest of the top 10.

While Apple ranks fifth in terms of revenues, its huge cash reserves mean that it has tended to alternate with Exxon as the world’s most valuable company when measured by market capitalization, and is arguably significantly undervalued by most measures … 
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Apple’s success in enterprise market “unbelieveable,” with more to come, promises Cook

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Business Insider highlighted Cook’s celebration of Apple’s success in the enterprise market in the analyst call following its quarterly earnings report.

It’s up to unbelievable numbers. The iPhone is used in 97% of the Fortune 500, and 91% of the Global 500, and iPad is used in 98% of the Fortune 500 and 93% of the Global 500 […] 90% of tablet activations in corporations are iPads. And 95% of total app activations were on iOS … 
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Apple jumps 36 spots to #19 in Fortune Global 500 list

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Just two months ago, Apple ranked 6th in the Fortune 500 list – breaking in to top 10 for the first time. Today, the Fortune Global 500 list was revealed with Apple at #19. Apple was ranked at #55 last year and #111 the year before.

Fortune attributes the increase to the launches of the iPhone 5 and iPad mini, which helped bring annual revenues up 45% to $157 billion in 2012. Of note, Apple has already brought in $98.1 billion in revenue the first two quarters of this financial year.

Apple jumps 11 places to land at #6 in Fortune 500, first time in top 10

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Apple-Fortune-500-2013-No-6Fortune is out today with its annual FORTUNE 500 list ranking the largest corporations in the U.S. by revenue for fiscal 2012 (before expenditures). This year Apple, for the first time, has finally cracked the top 10 of Fortune’s list rising from its 17th place position last year to No. 6 on this year’s list. It’s still well behind Wal-Mart at No.1, as well as Exxon Mobil, which Apple happened to briefly surpass Apple’s market cap back in January to become the world’s most valuable company.

As for tech companies on the list, Facebook just barely made the Fortune 500 for the time this year coming it at number 482, while others include AT&T at No. 11, HP at No. 15, Verizon at No. 16, Microsoft at No. 35, and Amazon at No. 49.

Head below for the top 10 list and check out the full Fortune 500 here
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Report: Six of top 10 enterprise devices using Good are iOS, 97 percent of tablets are iPad

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In its Q1 2012 report of device activations by platform, multi-platform software company Good Technology analyzed thousands of activated smartphones through its network of enterprise customers. Apple’s CEO Tim Cook noted this week during Apple’s Q2 earnings call that the iPad was now being deployed or tested by 94 percent of the Fortune 500s and 75 percent of the Global 500. Good Technology’s numbers show the iPad and iPhone together continue to dominate Android in the enterprise market with roughly 73.9-percent of all smartphone activations and 97.3-percent of tablet activations during Q1. Apple’s iOS devices together took 80 percent of total activations, which is up 10 percent from last year.

Among iOS, iPhone 4S is the clear leader with 37 percent, representing four times the amount of activations of any other device. In the graphic of the Top 10 Devices above, we see iOS take up six of the top 10 spots with iPhone 4S and iPad 2 accounting for the majority of activations during the quarter. Good’s numbers, however, do not include RIM or Windows…


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