Slow iPhone sales, an AirPower debacle and flawed News + and other service announcements have little impact on the Apple brand, as the company has regained its # 3 position in Fortune 500 rankings.
Apple is especially ranked at number one position in two categories. The Cupertino-based technology giant is the most profitable company in the list, with JPMorgan Chase and Alphabet (Google's parent company) remaining in second and third positions.
iPhone Maker back to 3rd place in Fortune 500 List
In the Technology sector, Apple is a leader in Alphabet, Microsoft, Dell Technologies and IBM. Follow the iPhone manufacturer in the list.
Interestingly, Fortune ranks companies based on their revenue. And the top ten companies are:
- Exxon Mobile
- Berkshire Hathaway
- United Health Group
- CVS Health
- AT & T [1
About Apple's business model Fortune notes:
"Two thousand eighteen are remembered as the year that Apple first achieved a market value of $ 1 trillion, and reaches the growth of iPhones, Apple's Biggest single product long, slowly began, before the introduction of the iPod iPhone precursor, Apple was once a thrilling computer, now only a reseller and an oil company is bigger, its challenge: As consumers hang on phones, Apple reposts itself as one Already iTunes, Apple Music, iCloud and cuts from sales in its popular Apple Store generate billions of dollars of sales. "
Apple has shown good results year after year, and in the past 37 years it has v listed in the Fortune 500. In 2002, Apple ranked # 325; But the brand jumped back to the top 10 in 2013, and it's been standing since then.
According to Fortune, the top 500 companies account for two-thirds of US GDP.
"This year's Fortune 500 marks the 65th race in the list. In total, Fortune 500 companies represent two-thirds of US GDP by $ 13.7 billion in revenue, $ 1.1 billion in profits, $ 22.6 billion in revenue. at market value, hiring 28.7 million people worldwide. "
Fortune also details its methodology and credits:
" Businesses are ranked by total revenue for their Included in the survey are companies incorporated in the United States and operating in the United States and filing accounts with a government agency, including private companies and cooperatives that place a 10-K or a comparable account with a government agency and mutual insurance company as a file. government regulators. "
You can check the list of Fortune 500 by using filters such as profits, balance, number of employees, earnings per share and total return on investors. .
It's all people!
Apple's current ranking on Fortune 500 shows that the Company will undoubtedly take back its old glory. Investors still have hope and expectations from Apple and their team. Hardware announcement in September 2019 will be crucial to Apple.
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