Apple Reaches 3rd Spot in Fortune 500 Ranking

Apple has reached the third spot in Fortune’s annual list of the U.S. top 500 companies based on gross revenue. Currently, the company sits behind such large companies as Walmart and Exxon Mobil. Apple’s gross revenue accounted for 233.7 billion, whereas the revenue of Walmart and Exxon Mobil made up $482.1 billion and $246.2 billion respectively. As to the other members of the top-5 rating, they include Berkshire Hathaway and McKesson.

Last year, as well as in 2014, Apple managed to occupy the fifth spot. Earlier, the results were much poorer.

Apple rose to 3rd place in the annual Fortune 500 list of the top U.S. corporations based on gross revenue, trailing behind only Walmart and Exxon Mobil. Apple's previous rankings include 5th place in 2015 and 2014, 6th place in 2013, 17th place in 2012, 35th place in 2011 and 56th place in 2010.

Among other members of Fortune’s top 500 ranking one can find a number of companies somehow connected with Apple (partners, suppliers, rivals etc.) such as AT&T, Microsoft, IBM, Alphabet, Intel, Qualcomm, Broadcom and others.

[via MacRumors]