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.