Apple Leaps to #6 in Latest Fortune 500 Rankings

Fortune today released its annual "Fortune 500" list, a high-profile ranking of the largest companies in the United States ranked by revenue. In the new rankings, Apple has risen to #6 from its #17 spot in last year's rankings.

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.

Wal-Mart edged out ExxonMobil for the top spot in this year's rankings, with Chevron, Phillips 66, and Berkshire Hathaway also ranking ahead of Apple and its $156.2 billion in revenue. In looking at profits, Apple ranked second among Fortune 500 companies at $41.7 billion, trailing only ExxonMobil at $44.9 billion.

aapl_fortune_500_2013

Apple's Fortune 500 rankings, 1983–2013 (Source: setteB.IT)

Apple is on track for another strong performance this year, having reached $22.6 billion in profit on sales of $98.1 billion in the first half of the year. That compares to earnings of $24.7 billion on $85.5 billion in revenue for the first half of fiscal 2012.

Popular Stories

iPhone 17 Pro Blue Feature Tighter Crop

iPhone 17: What's New With the Cameras

Friday May 2, 2025 3:52 pm PDT by
We've still got months to go before the new iPhone 17 models come out, but a combination of dummy models and leaks have given us some insight into what we can expect in terms of camera changes. Apple is adding new camera features, and changing the design of the camera bump for some models. You might be skeptical of dummy models, but over the years, they've proven to be a highly accurate...
Beyond iPhone 13 Better Blue Face ID

20th-Anniversary iPhone Will Reportedly Feature an All-Screen Design

Saturday May 3, 2025 9:20 am PDT by
Apple's former design chief Jony Ive long dreamed of an iPhone with a truly all-screen design, and his wish might finally become reality in a few more years. The Information today cited multiple sources who said that at least one new iPhone model launching in 2027 will have a truly edge-to-edge display. The device's front camera and Face ID system would both be placed under the screen....
iPhone 17 Air Size Feature

iPhone 17 Air Expected to Have Battery Case Due to 'Worse' Battery Life

Saturday May 3, 2025 8:24 am PDT by
Apple's rumored iPhone 17 Air model will have "worse" battery life compared to previous iPhone models, according to a paywalled The Information report. In internal testing, Apple determined that the percentage of users who will be able to use the iPhone 17 Air for a full day without needing to recharge the device throughout the day will be between 60% and 70%, according to the report. For...
iOS 18

Apple Says iOS 18.5 Coming Soon, Here is What's New

Monday May 5, 2025 8:19 am PDT by
In its press release for the new Pride Band today, Apple said that iOS 18.5 is "upcoming," following more than a month of beta testing. We expect the iOS 18.5 Release Candidate to be released this week, and this should be the final beta version, barring any last-minute bugs or changes. The software update should then be released to the general public next week. iOS 18.5 is a relatively...
Foldable iPhone 2023 Feature Homescreen

Foldable iPhone Said to Have Two Key Advantages

Monday May 5, 2025 6:41 am PDT by
Apple plans to release its first foldable iPhone next year, according to several reporters and analysts who cover the company. In his Power On newsletter today, Bloomberg's Mark Gurman said the foldable iPhone will offer two key advantages over other foldable smartphones. First, he said the foldable iPhone will have a "nearly invisible" crease when unfolded. This means the device's...
iPhone Top Left Hole Punch Face ID Feature 2

iPhone 18 Pro Models Rumored to Feature Under-Screen Face ID With Top-Left Camera Hole

Saturday May 3, 2025 9:19 am PDT by
Apple's two-generations-away iPhone 18 Pro models will likely feature under-screen Face ID, according to The Information. The paywalled report today cited a source who said the iPhone 18 Pro and iPhone 18 Pro Max will have only a small hole in top-left corner of the screen, to accommodate the front-facing camera, with all Face ID hardware moved under the screen. With under-screen Face ID, ...
AirPods Pro 3 Mock Feature

AirPods Pro 3 Just Months Away – Here's What We Know

Tuesday April 29, 2025 1:30 am PDT by
Despite being more than two years old, Apple's AirPods Pro 2 still dominate the premium wireless‑earbud space, thanks to a potent mix of top‑tier audio, class‑leading noise cancellation, and Apple's habit of delivering major new features through software updates. With AirPods Pro 3 widely expected to arrive in 2025, prospective buyers now face a familiar dilemma: snap up the proven...
Foldable iPhone 2023 Feature Iridescent Search

Apple Plans Split iPhone Launch Strategy: Pro and Foldable in Fall 2026, Standard in Spring 2027

Saturday May 3, 2025 8:32 am PDT by
Starting in 2026, Apple plans to change the release cycle for its flagship iPhone lineup, according to The Information. Apple will release the more expensive iPhone 18 Pro models in the fall, delaying the release of the standard iPhone 18 until the spring. The shift may be because Apple plans to debut a foldable iPhone in 2026, which will join the existing iPhone lineup. The fall release...

Top Rated Comments

3N16MA Avatar
157 months ago
This is what happens when you run a doomed company. It cracks the top 10 in the Fortune 500.
Score: 27 Votes (Like | Disagree)
needfx Avatar
157 months ago
#6 in the charts, #1 in our hearts, sorta
Score: 16 Votes (Like | Disagree)
lkrupp Avatar
157 months ago
One thing we know for sure. If this report had shown Apple moving DOWN the list this thread would already have 300 posts, mostly by the resident haters crowing about their predictions of doom. As it is this thread will die quickly because it shows Apple in a positive light, and we just can't have that on MacRumors.:D
Score: 9 Votes (Like | Disagree)
sseaton1971 Avatar
157 months ago
Ah but unless the 5S has a 5" and we get a super cheap plastic phone Apple will struggle to make the top 50 next year. /s

How many people will miss the /s and reply defensively? ;)
Score: 7 Votes (Like | Disagree)
bbeagle Avatar
157 months ago
The Fortune 500 is nothing more than a showplace ranking, an antique. Wal-Mart posted nearly three times the revenue of Apple, but Apple is more than twice as profitable.

The Fortune 500 list is a list of the top 500 companies by REVENUE. It's a list of companies you are most likely to be a customer of. It's something that companies strive to be a part of. It generally means that you are a big, successful company.

Of course, Apple is the 2nd most profitable company, but that doesn't mean squat, because, of course, they are doomed. Therefore, a list of the top 500 companies by PROFIT would just be a showplace, an antique.
Score: 6 Votes (Like | Disagree)
IJ Reilly Avatar
157 months ago
The Fortune 500 is nothing more than a showplace ranking, an antique. Wal-Mart posted nearly three times the revenue of Apple, but Apple is more than twice as profitable.
Score: 6 Votes (Like | Disagree)