Apple Ranked #19 on Fortune's Global 500 List
Apple has jumped 36 positions to rank #19 on Fortune's Global 500 list. The company was previously ranked #55.
Apple is bigger than ever -- cracking the Fortune 10 for the first time and moving up 36 spots in the Global 500. The company has done anything but slow down. The introductions of the iPhone 5 and a the 7-inch iPad Mini helped propel the tech giant’s revenues up from $108 billion in 2011 to $157 billion last year. In a surprising move, Apple reportedly may shift some of its manufacturing from long-standing Taiwanese partner Foxconn to Pegatron, a smaller competitor, in an effort to balance out its supply chain.
Ranking in the top three stops is Royal Dutch Shell, Wal-Mart, and Exxon Mobil.
In May, FORTUNE posted its Fortune 500 list for 2013 which has Apple ranked in 6th place.