Archived Post

Apple ranks 12th on Fortune Global 500 list of profitable companies

Apple ranks 12th in the annual Fortune Global 500 list of the world’s largest companies for profit, down one spot from last year. 

The list is based on a company’s published total revenues in their fiscal years ending on or before March 31. Fortune listed Apple as having revenues of US$260.17 billion, which is a 2% drop from the 2019 list.

Preceding Apple on the list, along with their revenues, are: Walmart ($524 billion), Sinopec Group ($407 billion), State Grid ($384 billion), China National Petroleum ($379 billion), Royal Dutch Shell ($352 billion), Saudi Aramco ($330 billion), Volkswagen ($283 billion), BP ($283 billion), Amazon ($281 billion), Toyota ($275 billion), and Exxon Mobile $265 billion).

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.