Fortune 500 Stories May 21
Fortune 500 Stories June 7, 2017
Apple may be the world’s largest company by market capitalization, but it doesn’t top all the rankings. The Fortune 500 ranks U.S. companies by annual revenue, and Apple has retained the #3 slot it achieved last year, albeit with changes either side of it …
Fortune 500 Stories June 6, 2016
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 …
Fortune 500 Stories June 4, 2015
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).” expand full story
Fortune 500 Stories November 19, 2014
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: expand full story
Fortune 500 Stories June 2, 2014
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 … expand full story