Apple Moves Up to 56th in Fortune 500 Rankings
Fortune today released its 2010 list of Fortune 500 companies, ranking the United States' largest companies by revenues. Apple placed 56th in this year's rankings, up from 71st in last year's edition. Apple's 2009 revenues of approximately $36.5 billion were enough to place it one spot ahead of Disney, which features Apple CEO Steve Jobs as its largest individual shareholder.
With 2009 profits of $5.7 billion, Apple also ranked 26th overall by that metric. And in the Computers and Office Equipment category, Apple ranked third behind Hewlett-Packard and Dell according to revenue. Apple also scored highly in several other categories, including easily taking the top spot in shareholder returns over the past five years with an average return of 45.6%.
Wal-Mart topped this year's list, displacing Exxon Mobil at the head of the pack. One of those two companies has led the rankings every year since Exxon Mobil grabbed the top spot from General Motors in 2001.
Popular Stories
Apple previously announced that macOS Sonoma will be released this Tuesday, September 26. The free software update includes many new features and changes for the Mac, including the five that we have highlighted below. In addition to these five features, we have shared the full release notes for macOS Sonoma below for a complete overview of everything new. Desktop Widgets macOS Sonoma...
Are you skipping the iPhone 15 Pro and waiting another year to upgrade? If so, we already have some iPhone 16 Pro rumors for you. Below, we recap new features rumored for the iPhone 16 Pro models so far:Larger displays: The iPhone 16 Pro and iPhone 16 Pro Max will be equipped with larger 6.3-inch and 6.9-inch displays, respectively, according to Ross Young, CEO of Display Supply Chain...
The iPhone 16 series is expected to gain an additional capacitive button, known internally as the "Capture Button." Codenamed "Project Nova," the button is likely to be one of the main selling points of the iPhone 16 lineup, assuming it gets past the initial testing phase. The Capture Button is located on the same side as the Power button, only positioned slightly lower - where the mmWave cutout...
Apple could be preparing to release a seventh-generation iPad mini before the end of the year, based on a new report by DigiTimes. In an article discussing stagnating global tablet demand in the second half of 2023, the Taiwan-based outlet forecasts an uptick in Apple's share of the market owing to orders for a "small-size" iPad in the fourth quarter. From the report (see bold): In the...
