Apple jumps to #6 spot in new Fortune 500 rankings

By , May 6, 2013

iphone user

You wouldn’t know it by reading through the latest tech news headlines, but Apple is on track to have another stellar year. It’s already recorded two record-breaking quarters, and it has yet to launch a new or refreshed product.

But not everyone is ignoring Apple’s success. Fortune today released its annual, high-profile “Fortune 500″ list of the largest companies in the United States. And the iPad-maker has risen up several spots from last year, to #6…

From Fortune’s 500 listing:

Apple is bigger than ever — the company cracked the Fortune 10 this year. But it’s a high-pressure job, being king of the hill. At Apple’s press event this past October, it maintained more than disrupted with its software upgrades and iPad mini announcement. Also, this past year has seen a lot of CEO Tim Cook having to apologize — once in September for the failure of Apple’s maps app, and then to Chinese consumers this April for slow repair services — this in a market that Cook said this past January would be Apple’s largest. Still, when every executive wants to invent the iPod of ___, Apple remains an innovation icon.

As for the rest of the list, Wal-Mart beat out ExxonMobile for this year’s top spot, with Chevron, Phillips 66, and Berkshire Hathaway finishing in 3rd, 4th and 5th place respectively. That’s in revenue, where Apple did $156 billion last year.

Looking at profits, though, it was a different story. Apple ranked second in profits last year among Fortune 500 firms, at $41.7 billion, losing out to only ExxonMobil. Tim Cook did say the only companies doing better than Apple pumped oil.

And it doesn’t show any sign of slowing down, either. Last month, Cook told investors that Apple had some amazing new products and services coming this fall, among which are expected to be new smartphonestablets and maybe a watch.

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  • Darek Slaby

    I love apple. I switched to Android when the HTC one came out but after using it for a few weeks it just reaffirmed my love for the iPhone. Never switching again.

    • kevin butler

      Android sucks on the HTC one.

      • http://www.facebook.com/mehrabh Mehrab Haque

        Me too!

      • http://twitter.com/MohamadAmin4 Mohamad Amin

        You also suck on the HTC One?!

      • http://www.facebook.com/mehrabh Mehrab Haque

        To i swiched to htc one then swichted back

    • disk Latvia

      I’m sorry you judged android by using HTC sense (which is terrible) you should try a nexus 4 or Xperia z

      • Darek Slaby

        I’m waiting for the AOPK or Cynagenmod Rom which people are telling me are the best roms for any phone. I’ll see how that goes.

  • wonderboydave

    I love apple. I switched to windows when the surface came out but after using it for a few weeks it just reaffirmed my love for OS X.
    Never switching again.

    • Thi Han

      Same here. Was lost in using their OS and didn’t like how it slowed down after installing apps and tweaks.

  • http://twitter.com/wmacuser William Melendez

    I’m currently using the S4 while I wait for the new generation iPhone, meanwhile I’m seriously enjoying this device, I’m the person that always said I would never even try android ever. Great device hands down.

    • Sahil

      Another paid comment by Samsung? XD

      • http://twitter.com/wmacuser William Melendez

        Lmao, nice one!

  • iRaj

    Apple is always on top.

  • http://twitter.com/burlow burlow

    I love apple. I switched to linux when rasberry pi came out but after using it for a few weeks it just reaffirmed my love for OS X.
    Never switching again.

    • Guest

      Okay..

    • iospixel

      These comments are hilarious but I cant quite peg why…

  • http://twitter.com/MohamadAmin4 Mohamad Amin

    “Darek Slaby –
    I love apple. I switched to Android when the HTC one came out but after using it for a few weeks it just reaffirmed my love for the iPhone. Never switching again.”
    “wonderboydave −
    I love apple. I switched to windows when the surface came out but after using it for a few weeks it just reaffirmed my love for OS X. 
    Never switching again.”
    “burlow −
    I love apple. I switched to linux when rasberry pi came out but after using it for a few weeks it just reaffirmed my love for OS X. 
    Never switching again.”
    Please tell me I am not the only one who thinks that that was weird…

    • Ian

      Okay, I will.

      You’re not the only person who thinks that that was weird.

    • Darek Slaby

      They’re just trolling my comment. Nothing new to the internet.

      • Ian

        Fair enough.

  • Ian

    My love for Apple was strengthened 10 times when I heard it was 300 times more reliable than android. In ya face android! :D

  • http://flavors.me/mile MILE

    Haven’t the guys at Fortune gotten the memo that says that Apple is doomed…?! Doooooomed, I say…! Or so do some dumbass “journalists” and analysts…

  • Gorgonphone

    and where is samsung?

  • http://twitter.com/YzMENTALzY YzMENTALzY

    I love apple. I switched to Nintendo when the Super Nintendo came out but after using it for a few weeks it just reaffirmed my love for iPhone.
    Never switching again.

  • Jason Sheffer

    I love apple. I switched to wal-mart when the neighborhood wal-mart came out but after a few weeks of using it just reaffirmed my love for apple stores. Never switching again

  • http://twitter.com/int3nsive Int3nsive

    I love Samsung, but I’ve tried to take a dump in a public place, and after that, never used a Samsung device again.