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Apple Enters Fortune 100 for First Time Since 1994

Monday April 20, 2009 10:15 am PDT by Eric Slivka
As mentioned in a Fortune report, Apple has reentered the top 100 of the Fortune 500 rankings for the first time since 1994, jumping 32 spots from last year's rankings to land at #71 in the 2009 rankings.

Reflecting a strong 2008 in which its earnings -- if not its stock price -- jumped sharply, Apple (AAPL) this week made its first appearance in the top 100 of the Fortune 500 since Steve Jobs' return.

Apple has been a Fortune 500 company since 1983, but it fell off the top 100 on Fortune magazine's list of America's 500 largest companies in 1995, while Jobs was running NeXT.

The Fortune 500 is an annual listing published by Fortune magazine ranking U.S. companies by gross revenues.
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overanalyzer
37 months ago
That's a big jump in positions. Is that due more to Apple increasing revenue or other companies declining because of the economy? (I suppose I should read the article...)

EDIT: Yeah, the article makes it pretty clear:


Apple jumped an impressive 32 spots this year to land at No. 71, thanks in part to the declining fortunes of some of the firms that were above it, but mostly to revenues that grew 35.3% to $32.479 billion in 2008.

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Veri
37 months ago
I charge you $500,000,000 for a pen, you charge me $499,999,995 for a spoon. We're now top two in the Fortune 100.
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clmason
37 months ago

I charge you $500,000,000 for a pen, you charge me $499,999,995 for a spoon. We're now top two in the Fortune 100.



Can you pay me for the spoon first. I just have to run to the bank to get the money to pay you for the pen. I'll, be right back, I swear. :)
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jav6454
37 months ago
I think the iPhone and now well known MacBooks have helped the fruit company reach this now.
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Old Muley
37 months ago
Good job Apple! What's going to be really interesting is to look at this list in a year or two and see where companies like GM & Ford are at.
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mags631
37 months ago

I charge you $500,000,000 for a pen, you charge me $499,999,995 for a spoon. We're now top two in the Fortune 100.


Thus illustrating the point why profit is more important than revenue.
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Little HZ
37 months ago

Can you pay me for the spoon first. I just have to run to the bank to get the money to pay you for the pen. I'll, be right back, I swear. :)


Hop in my car--I'll give you a ride to the "bank"! :D
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Doctor Q
37 months ago
Apple is Fortune-ate :D to be in an industry that hasn't completely dried up.

The question is whether Apple will still enjoy membership in the Fortune 100 when the economy starts picking up again.
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gkarris
37 months ago
(waits for good 'ol Steve Ballmer to say something about this....) :eek:

:D
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stagi
37 months ago
Awesome news!
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