Apple Ranks Fourth in Annual Fortune 500 List of America's Largest Companies

apple logo pink blue brooklynApple has ranked fourth in the annual Fortune 500 list of the largest companies in the United States by revenue, with $260.1 billion revenue in the 2019 fiscal year, trailing Walmart, Amazon, and ExxonMobil.

Mighty Apple dipped a smidge in 2019, both in terms of sales, down 2% to $260 billion, and in its ranking, from No. 3 to No. 4. The computer and phone maker’s ability to make money cushioned the blow. Apple earned $55 billion. Three categories tell the story of Apple’s sales doldrums. iPhone sales, 55% of Apple’s total, fell 14%. Increases in sales of services like streaming and subscriptions, 18% of the total, grew 16%. And wearables (AirPods and Watches) and other non-phone accessories (iPods, HomePods, and Beats products) leapt 41%, but account for only 9% of the pie.

Apple has now ranked in the top five for seven consecutive years, although it dropped one spot after finishing third in 2019. Other notable tech companies in this year's list include Google parent Alphabet in 11th, Microsoft in 21st, and Facebook in 46th.

Popular Stories

iPhone 17 Pro Blue Feature Tighter Crop

iPhone 17 Pro Launching Later This Year With These 12 New Features

Tuesday May 27, 2025 9:10 am PDT by
While the iPhone 17 Pro and iPhone 17 Pro Max are not expected to launch until September, there are already plenty of rumors about the devices. Below, we recap key changes rumored for the iPhone 17 Pro models as of May 2025: Aluminum frame: iPhone 17 Pro models are rumored to have an aluminum frame, whereas the iPhone 15 Pro and iPhone 16 Pro models have a titanium frame, and the iPhone X ...
iOS 26 Mock Rainbow Feature

No iOS 19: Apple Going Straight to iOS 26

Wednesday May 28, 2025 11:56 am PDT by
With the design overhaul that's coming this year, Apple plans to rename all of its operating systems, reports Bloomberg. Going forward, iOS, iPadOS, macOS, tvOS, watchOS, and visionOS will be identified by year, rather than by version number. We're not going to be getting iOS 19, we're getting iOS 26. iOS 26 will be accompanied by iPadOS 26, macOS 26, tvOS 26, watchOS 26, and visionOS 26...
iPhone Top Left Hole Punch Face ID Feature 2

Apple Rumored to Redesign the iPhone Every Year Through to 2027

Tuesday May 27, 2025 5:17 am PDT by
Apple is reportedly preparing to implement significant iPhone hardware redesigns each year for the next three generations. According leaks from the Chinese supply chain disclosed by Weibo user "Digital Chat Station," Apple plans to carry out a series of phased industrial design changes affecting different parts of the iPhone across three consecutive years: 2025, 2026, and 2027. The changes...
Whatsapp Feature

WhatsApp Teases Long-Awaited iPad App

Monday May 26, 2025 10:23 am PDT by
The popular messaging app WhatsApp has teased a long-awaited iPad app, which would be offered alongside its existing iPhone and Mac apps. The official WhatsApp account on X today reacted with an eyes emoji to a post saying that WhatsApp should release an iPad app. This could be a hint that Meta is gearing up to release WhatsApp for iPad, which has already been available for beta testing via...
WWDC 2025 Banner

WWDC is Just Two Weeks Away: Here Are the Biggest iOS 19 Rumors

Monday May 26, 2025 8:12 am PDT by
WWDC 2025 is just two weeks away as of today, with Apple's opening keynote scheduled for Monday, June 9 at 10 a.m. Pacific Time. During the keynote, Apple is expected to announce iOS 19, iPadOS 19, macOS 16, watchOS 12, tvOS 19, visionOS 3, and other software updates, along with new Apple Intelligence features. In some years, there are also hardware announcements at WWDC, but there are no...
Emergency SOS via Satellite iPhone YT

Report: Apple Planned to Offer Starlink-Like Home Internet Service

Tuesday May 27, 2025 7:08 am PDT by
Apple had plans to offer a Starlink-like satellite home internet service in collaboration with Boeing, The Information reports. Starting in 2015, Apple held discussions with Boeing about "Project Eagle," a plan to launch a service to provide wireless internet services to iPhones and homes. The companies would have launched thousands of satellites into orbit around the Earth to beam internet...
macOS 26 visionOS Inspired Feature

macOS 26 Rumored to Drop Support for These Five Macs

Thursday May 29, 2025 5:31 am PDT by
The next major version of macOS, now dubbed "macOS 26," is rumored to drop support for several older Intel-based Mac models currently compatible with macOS Sequoia. According to individuals familiar with the matter cited by AppleInsider, the following Macs will not be supported by the next version of macOS: MacBook Pro (2018) iMac (2019) iMac Pro (2017) Mac mini (2018) MacB...

Top Rated Comments

iMi Avatar
66 months ago
I'm old enough to remember Apple being weeks away from bankruptcy. Amazing how things changed.
Score: 9 Votes (Like | Disagree)
WWPD Avatar
66 months ago
55 billion in earnings is the "doldrums"...
Score: 6 Votes (Like | Disagree)
luvbug Avatar
66 months ago
Meanwhile, the US stock market opens *up* 3%, as the Fed also issues dire warnings on the economy. WE ARE INSANE.
Score: 3 Votes (Like | Disagree)
DelayedGratificationGene Avatar
66 months ago
It’s not how much revenue u bring in(amazon) it’s how much fcf u keep and with that Apple is King.
Score: 3 Votes (Like | Disagree)
waquzy Avatar
66 months ago
Why not list the top 3 earnings as well? Disappointing article
Score: 2 Votes (Like | Disagree)
amartinez1660 Avatar
66 months ago

Why not list the top 3 earnings as well? Disappointing article
“(...) with $260.1 billion revenue in the 2019 fiscal year, trailing Walmart, Amazon, and ExxonMobil (...)”

I find it interesting that of all the mentioned ones, Facebook being up there is crazy. I understand Amazon, ExxonMobil, Microsoft, Apple and others bringing A LOT of tangible and physical value via gadgets, productivity, fuels, etc... but Facebook? It still feels so much like selling air.
Of course it’s valuable for it to be there, but I still can’t really see it at that level. For sure even the big players (the same ones mentioned before) rely on its ad and marketing machine, but what are the chances of some of these numbers being overinflated?
Score: 2 Votes (Like | Disagree)