Apple Ranks 5th on the 2015 Fortune 500 List [Video]

Apple Ranks 5th on the 2015 Fortune 500 List [Video]

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Apple has been ranked fifth on the 2015 Fortune 500 List. Companies are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated in the U.S. and operate in the U.S. and file financial statements with a government agency.

Apple was also ranked 5th on the list last year.

After a bumpy start to 2014, Apple's stock finished the year up 40%, adding nearly $200 billion to the company's market value. A product pipeline that's gotten Apple fanboys lining up all over again has certainly helped reenergize revenue growth: In addition to unveiling new categories like Apple Pay and Apple Watch, the company launched the iPhone 6, selling a record-breaking 10 million units in the first three days. As CEO Tim Cook recently told investors: "It's tough to find something in the numbers not to like." The normally low-profile Cook is breaking new ground in other ways too—in October, 2014 he came out as the first openly gay CEO of a Fortune 500 company.

Take a look at the video below...

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Apple Ranks 5th on the 2015 Fortune 500 List [Video]

Apple Ranks 5th on the 2015 Fortune 500 List [Video]

Ren - June 4, 2015 at 4:55pm
iPad sales are weakened because people are more interested in phablets, it's not the weakness of Apple putting a lot of effort into iPads itself.
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