April 29, 2024

Apple Climbs to Third Place in Fortune 500 Rankings [Chart]

Posted June 6, 2016 at 3:48pm by iClarified · 9719 views
Apple has climbed to third place in the Fortune 500 rankings from fifth in last years rankings. Walmart and Exxon Mobil are ranked number one and number two, respectively. Rounding out the top five is Berkshire Hathaway and McKesson.

Lately, hopes have turned to the next iPhone upgrade cycle and a push to focus on India, where Apple’s market share remains miniscule. Still, even with the growing concerns, Apple’s next big leap came into view in 2015. Dubbed Project Titan and staffed with hordes of former car industry experts, Apple’s effort to leapfrog the automobile market with an electric masterpiece likely won’t reach consumers for a few more years. But when it does, Cook and company could be riding high again.

You can explore the full Fortune 500 list at the link below...

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