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.

FTC: We use income earning auto affiliate links. More.

Check out 9to5Mac on YouTube for more Apple news:

You’re reading 9to5Mac — experts who break news about Apple and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Mac on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel

About the Author