After Apple presented its fiscal results for the quarter on July 21, we can assure that they have once again achieved it and have become one of the companies that generate the most profits. Despite being ranked number fifteen in the ranking of F, a list made by this North American magazine, Apple can boast about $ 200.000 billion in cash.
This position in the ranking is due to the fact that the famous magazine orders companies by their income criteria, from highest to lowest. It is clear that Apple sells millions of units of its devices every quarter but it can never be compared with giants like supermarkets Walmart, which in this case ranks number 1 in the Fortune 500 ranking.
Now maybe you understand better why Apple is not in ranked # 1 in Fortune 500 magazine. We can tell you that also, despite everything that the company with the bitten apple sells will always be less than, for example, Volkswagen or Toyota, two very important companies in the world of the automobile worldwide for many years now.
However, even though Apple is not the first in revenue, it does rank number two in terms of how much of that revenue turns into profit. Apple is behind only the Bank of China in terms of profit. By this we mean that almost everything that Apple enters into profit, which shows the potential that the company has. Apple ranks # 2 in the world with $ 39.500 billion generated last year.
To finish the article, let's talk a little about Apple's competition. Yes, Samsung, Microsoft or Google. Following the same criteria, that is to say that of gross income, we can say that Samsung is above Apple, in 13th place compared to 15th in Cupertino. Now, if we go to what amount of that income is converted In profits we can conclude that Samsung is in position number 9, Microsoft in 8 and Google in position 144, while Apple is in 2.
