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Apple Moves Up to 56th in Fortune 500 Rankings

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Fortune today released its 2010 list of Fortune 500 companies, ranking the world's 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.

Article Link: Apple Moves Up to 56th in Fortune 500 Rankings
 
Article Link
https://www.macrumors.com/2010/04/15/apple-moves-up-to-56th-in-fortune-500-rankings/
The turnaround started in 1997 .. Steve Jobs returns

Then Mac OS X, iTunes, and iPod in 2001

Continued Mac OS X refinements and releases

iPhone in 2007

iPad in 2010

.....

the rest remains to be seen :apple:
 
Wal-Mart is first.....................

no surprise there🙄

but in california, there is hardly any Wal-Mart...

most of them are in the Midwest.
 
where does Dell rank?😀

apple will be there soon......

http://news.cnet.com/2100-1001-203937.html

October 6, 1997 2:00 PM PDT

Dell: Apple should close shop
By Jai Singh
Staff Writer, CNET News

18 comments Yahoo! BuzzORLANDO, Florida--When it comes to the state of Apple Computer, everyone has an opinion.
And at the Gartner Symposium and ITxpo97 here today, the CEO of competitor Dell Computer added his voice to the chorus when asked what could be done to fix the Mac maker. His solution was a drastic one.

"What would I do? I'd shut it down and give the money back to the shareholders," Michael Dell said before a crowd of several thousand IT executives.

Dell's comments follow Steve Jobs's keynote address at the Seybold trade show last week in San Francisco, where the Apple cofounder seemed to win over attendees with his explanation of why he had made certain key decisions, killing the clone market and aligning more closely with Microsoft. The Seybold crowd--as well as some Apple employees--also seemed to be buoyed by the increasing role Jobs has taken on at the company as board member and interim CEO.

But others, like Dell, appear to think that Jobs's expanded role isn't helping. There is some concern that Apple will have a hard time recruiting a top-notch CEO because of Jobs's presence.

Others fear that Apple could end up completely in Microsoft's camp by deciding to use the NT operating system on its servers. Apple is reportedly planning to come out with network computers that would require high-end servers to function.

While many industry executives have offered opinions on how to right Apple's ship, no high-level executive has made as blatant a comment as Dell's.
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leomac08 said:
Wal-Mart is first.....................

no surprise there🙄

but in california, there is hardly any Wal-Mart...

most of them are in the Midwest.
Click to expand...

Wal-mart has 43 super centers and 134 standard stores in the State of California. They also have 33 Sam's Clubs.

Over 70,000 Californians work for Wal-Mart (They are surely one of the largest employers in the state). Wal-Mart spent over 16 billion dollars with suppliers in California in FY 2010. They collected nearly $900 Million in sales tax for the state.

Perhaps saying there is hardly any Wal-Mart in California is a slight exaggeration. I will grant you the Wal-marts per capita in the midwest and south is higher. Wal-mart still has a fairly significant presence in California 🙂

There are even several in Silicon Valley, but none in Cupertino that I am aware of 🙂
 
wovel said:
Wal-mart has 43 super centers and 134 standard stores in the State of California. They also have 33 Sam's Clubs.

Over 70,000 Californians work for Wal-Mart (They are surely one of the largest employers in the state). Wal-Mart spent over 16 billion dollars with suppliers in California in FY 2010. They collected nearly $900 Million in sales tax for the state.

Perhaps saying there is hardly any Wal-Mart in California is a slight exaggeration. I will grant you the Wal-marts per capita in the midwest and south is higher. Wal-mart still has a fairly significant presence in California 🙂

There are even several in Silicon Valley, but none in Cupertino that I am aware of 🙂
Click to expand...


A Walmart fanboy. I've now seen it all. 😀
 
wovel said:
Wal-mart has 43 super centers and 134 standard stores in the State of California. They also have 33 Sam's Clubs.

Over 70,000 Californians work for Wal-Mart (They are surely one of the largest employers in the state). Wal-Mart spent over 16 billion dollars with suppliers in California in FY 2010. They collected nearly $900 Million in sales tax for the state.

Perhaps saying there is hardly any Wal-Mart in California is a slight exaggeration. I will grant you the Wal-marts per capita in the midwest and south is higher. Wal-mart still has a fairly significant presence in California 🙂

There are even several in Silicon Valley, but none in Cupertino that I am aware of 🙂
Click to expand...

One thing about Walmart is that it's very anti-union. At one Sam's Club, the butchers formed a union and the Walmart closed down the entire store. Plus, Walmart has been known to lock employees in overnight.

http://en.wikipedia.org/wiki/Walmart#Employee_and_labor_relations (I know, it's Wikipedia, but people in my union have said the same thing). Whether you're pro or anti union, just thought I'd share.

Back on topic, good for Apple!
 
Peterkro said:
Except that seven of the world's top ten companies by revenue are not American.
Click to expand...

Correction. Four of the top ten (nos. 2, 3, 5, and 7) are United States companies.

The US has 140 out of the top 500. Second goes to Japan at 68. The UK has 26 out of 500.
 
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