Apple number 103 on FORTUNE 500 list
Posted by Dennis Sellers 
Apr 21, 2008 at 10:36am
FORTUNE says that Wal-Mart Stores continued its hold onto the top spot on the FORTUNE 500, the annual list of America’s largest corporations according to revenue. Apple is number 103 on the list.
Last time around Apple was 121 on the FORTUNE 500. It’s up 24.3 percent on the list with revenues of U$24,006 million and profits, profits of $3,496 million and assets of $25,347 million.
Wal-Mart posted 2007 revenue of $378.8 billion (up 7.9 percent versus 2006) and profits of $12.7 billion. Right behind Wal-Mart is No. 2 Exxon Mobil with $372.8 billion in revenue and profits of $40.6 billion. Chevron moved up one spot to #3, with $210.8 billion in revenue and profits of $18.7 billion. General Motors dropped one position to No. 4, with $182.3 billion in revenue and a loss of $38.7 billion. Oil company ConocoPhillips held on to the No. 5 spot which it occupied last year. Rounding out the top 10 on the list are General Electric (No. 6); Ford Motor (No. 7); Citigroup (No. 8); and Bank of America Corp. (No. 9). A big mover was AT&T, which moved up from last year’s No. 27 position to grab No. 10.
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Dennis Sellers
Dennis has been a newspaper editor/reporter (seven years) and teacher (seven years). He has over 4,000 magazine, newspaper and online articles to his credit. He has also covered the Mac and tech industries for over a decade for such online publications as MacCentral, MacMinute and now MacsimumNews.
KenC Says:
Maybe #103 in sales, but in terms of market cap, Apple is around #15 in market cap in the US.
Posted on April 21, 2008