Apple

Apple flew out of the top three in the Fortune 500

Every year, Apple necessarily gets the tops of the most profitable companies in the world. One of such prestigious ratings is recognized by the so-called Fortune 500. And this year the fortune turned against the American company.

In 2018 Apple dropped from the third line to the fourth, giving way to last year’s nearest competitor Exxon Mobil, which immediately took off to the second line.

Thus, Fortune 500 heads the annual winner of Walmart with revenues of $ 500 billion. Next is Exxon Mobil, whose revenue is $ 244 billion. Berkshire Hathaway ($ 242 billion) is on the third line. The financial success of Apple was estimated at $ 229 billion.

Despite the annual increase in revenue of 6%, Apple dropped in the ranking on the third line. The company’s profit still allows it to remain among the leaders. $ 48 billion in profits secured the first line for Apple.

In the Fortune rating, the iPhone manufacturer comes every year. The worst indicator was recorded in 2002, when the company took 325 lines. In the top ten Apple broke through in 2013, and since then has not left it.

According to the estimates of the financiers, the capitalization of the American company is $ 851 billion 9 to 5 ]

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