Apple Rises to #5 in This Year's Fortune 500 Rankings

Discussion in 'MacRumors.com News Discussion' started by MacRumors, Jun 2, 2014.

  1. macrumors bot

    MacRumors

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    Fortune has just released its annual "Fortune 500" list, which is a high-profile ranking of the largest companies in the United States ranked by revenue. This year, Apple has taken the #5 spot, up from #6 in last year's rankings and from #17 in 2012.

    [​IMG]
    The Apple Store Fifth Avenue in New York City, New York ​
    Wal-Mart once again beat out ExxonMobil for this year's #1 ranking, with Chevron and Berkshire Hathaway ranking ahead of Apple's $170.9 billion in revenue. Apple's profit of $37 billion dollars also ranked first among Fortune 500 companies despite falling 11.3% from last year.

    Apple announced last week that it would be buying Beats Electronics and the Beats Music streaming service for a total of $3 billion, making it the largest acquisition in company history. Apple is also expected to launch a number of new products this year, including a larger iPhone, new Macs, new versions of OS X and iOS, and an "iWatch" smartwatch.

    Article Link: Apple Rises to #5 in This Year's Fortune 500 Rankings
     
  2. macrumors 68000

    AngerDanger

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    Nowhere to go but do—well, up a few places but then dooown.
     
  3. mangomind, Jun 2, 2014
    Last edited: Jun 2, 2014

    macrumors 6502a

    mangomind

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    Go Apple! :apple:
     
  4. macrumors 6502a

    Dekema2

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    #4
    I wonder if the NFL is on there with all the revenue it generates
     
  5. MacDawg, Jun 2, 2014
    Last edited: Jun 2, 2014

    macrumors P6

    MacDawg

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    #5
    NFL generates about $10 billion in revenue
    Not even in the same ballpark, er stadium, so to speak

    [​IMG]
     
  6. macrumors 6502

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    That's what you get when you charge people $100 to double their storage. ;)
     
  7. macrumors G5

    Rogifan

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    Wow Fortune's new website is awful. :eek:
     
  8. macrumors 68030

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    #8
    These lists are as important as who the best quarterback of all times is , and who the sexiest actress is in Hollywood.
     
  9. macrumors regular

    Constable Odo

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    #9
    As soon as Samsung transitions from Android to Tizen, Android is going to quickly lose market share momentum. Hopefully Samsung will be able to get out from under Google and Android's thumb. With Samsung selling so many devices using Android, a shift to Tizen would have to slow Android's rapid growth of smartphone and tablet market share. In another year, we'll see how little influence Android has without Samsung practically carrying it. Samsung is Android's most influential hardware partner. I think Wall Street is going to be in for a rude awakening relatively soon.
     
  10. macrumors 68040

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    #10
    we hope after this year Apple to become Nr 1
     
  11. macrumors 6502a

    mangomind

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    #11
    That's what you are able to do if you produce amazing products.
     
  12. macrumors 6502a

    mangomind

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    #12
    You are right... soon mobile market share will be split between Google Android, Apple iOS, Microsoft Windows Mobile, and Samsung Tizen. Every one of these companies produce their own hardware and software.
     
  13. macrumors 65816

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    #13
    Plus the NFL is a not for profit group - if you can somehow wrap your head around that :rolleyes:
     
  14. macrumors 6502

    Godzilla71

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    #14
    Way to go Apple! :cool: Take that you doom saying analysts! :p
     
  15. macrumors member

    sprezz

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    #15
    wasn't apple once #1, or was that just market cap with the high stock price 3 years ago?
     
  16. macrumors 6502a

    iMacBooked

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    #16
    Good job :apple:
     
  17. macrumors 68000

    Parasprite

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    #17
    The difference is I don't have stocks in the sexiest actress in Hollywood. :D
     
  18. macrumors regular

    Keane16

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    #18
    Ha, well said.

    Every year Apple faces pressures and threats and a nice chunk of commentators (professional and armchair) say they're doomed.

    But as a company/business they're doing just fine. And have been for a number of years.

    I'm happy from a shareholder and customer viewpoint.

    Looking forward to WWDC.
     
  19. macrumors 68020

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    #19
    Considering their limited product selection compared to the others, its quite amazing they are so high.
     
  20. macrumors 68030

    WardC

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    #20
    What is wrong with the FORTUNE website?? I can't see any of the lists...something is wrong with the site, or it won't display properly on my browser (Safari)

    Anybody else having the same problem viewing the FORTUNE list on their site?
     
  21. macrumors 603

    Rocketman

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    #21
    Maybe Apple is "only" #5 in terms of sales, but it is far and away #1 as for profit and recurring profitability.

    Notably this is on a very narrow list of SKU's for inventory, even lower than the oil company, because despite lots of volume in a few SKU's, the sheer range is vast as compared to Apple. Also the inventory and transport cost for Apple inventory is lower.

    The comparison of business models to get to the goal is the real story here.

    There's no comparison among the top five for environmental impact or overhead to achieve goal.

    Rocketman
     
  22. macrumors member

    reevans

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    #22
    They Always Value REVENUE

    These professional pundits always seem to think that the most important metric is revenue or market share or anything else but profit. As I understand, any company in business is only interested in working hard and well enough to MAKE A PROFIT. Apple is doing the best possible job of making a profit while also making great products and services. People love them like no other company on earth and still that isn't good enough for these pundits. Anything to bring down greatness.
     
  23. macrumors 68030

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    #23
    Usually not a long term investment consideration, although hats of to some evergreens:)

    I bet Apple is better of counting their cash than their standing for bragging rights on some list.
     
  24. macrumors 6502

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    #24
    Easy: "Not for paying taxes" group. :D
     
  25. macrumors 68030

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    #25
    Human nature, elevate somebody beyond reason and then rip them down to make yourself feel good.

    Strange concept.
     

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