Apple #56 in Fortune 500 rankings
Apple has moved up 15 spots in Fortune's annual Fortune 500 rankings to be the 56th largest company in the world by revenues. Apple had 2009 revenues of US$36.5 billion in 2009, up 12.5% from 2008. Despite the massive revenues, Apple still ranks third, behind HP (ranked 10th overall) and Dell (ranked 38th overall), in Fortune's "Computers, Office Equipment" industry rankings.Apple's share price total return to investors was a whopping 149%. Many believe that that's just the tip of the iceberg with Apple analyst Gene Munster predicting a year end target price of $299 a share. As of the time of this writing, Apple's share price sits above $248.
The top three companies in Fortune 500's 2009 rankings were Wal-Mart, Exxon Mobile, and Chevron. In the Internet Services and Retailing industry, Amazon came in first (ranked 100 overall), Google second (ranked 102 overall), and Liberty Media third (ranked 227 overall).
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Apple has moved up 15 spots in Fortune's annual Fortune 500 rankings to be the 56th largest company in the world by revenues. Apple had...
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@Michael Grothaus: “Apple has moved up 15 spots in Fortune's annual Fortune 500 rankings to be the 56th largest company in the world by revenues.â€
http://money.cnn.com/magazines/fortune/fortune500/2010/snapshots/670.html
FORTUNE 500 Our annual ranking of America's largest corporations
56th largest company in the WORLD?
As far as I can tell, every one of those 500 companies listed are all American. Wonder where that leaves non-US companies?
Spell Check does not equal copyediting. It is ExxonMobil.
April 15 2010 at 5:54 PM Report abuse Permalink rate up rate down ReplyDon't know much about the world of finance, but I thought Apple was worth a whole lot more than Dell? Can someone take a minute to explain?
April 15 2010 at 5:47 PM Report abuse Permalink rate up rate down ReplyHey, did you know that there are big companies outside US?
this ranking is not "largest companies in the world by revenues" but " largest american companies by revenues"
Please correct that because it is kind of "imperialist"
I didn't know Apple was into "Sports" now......
April 15 2010 at 4:39 PM Report abuse Permalink rate up rate down ReplyHot Apps on TUAW
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