Printed from http://www.electronista.com

Apple takes 55th place in updated Fortune Global 500

updated 10:27 am EDT, Mon July 9, 2012

Shell, Exxon, Wal-Mart take top three spots

Apple has slotted into 55th place in an annual update of Fortune's Global 500 list. The ranking is based on data from the 2011 fiscal year, which in Apple's case includes $108.249 billion in revenue, with a profit of $25.922 billion. Notably Apple has risen a massive 56 spots, having held 111th place last year. Apple is also said to have achieved $116.371 billion in assets, and $76.615 billion in stockholder equity.

The top three companies on the list include Shell, Exxon Mobil, and Wal-Mart. Shell in particular generated $484.489 billion in revenue last year, although it only took in $30.918 billion in profits. Some technology corporations above Apple in the rankings include Samsung (20th), HP (31st), Hitachi (38th), and Hon Hai (43rd). Hon Hai is better known to most people as Foxconn, Apple's main supplier. The company also manufactures products for a number of other Western electronics firms.



By Electronista Staff
toggle

Comments

  1. richardh99

    Fresh-Faced Recruit

    Joined: 02-01-06

    Basic arithmetic guys: 55 from 111 is 56, not 86...

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Epson PowerLite Home Cinema 3500 projector

Trying to find the perfect projector for a home theater can be tricky, as there are bountiful options on the market from a large numbe ...

Thecus N2310 NAS

For every computer user, there comes a point of critical mass in data storage. When it hits, external hard drives, USB sticks and DVD ...

iRig Pads

When it comes to mobile music products, IK Multimedia has positioned itself as one of the top suppliers. Right from the early days of ...

Sponsor

toggle

Most Commented

 
toggle

Popular News