Ranking: Apple ranks 4th in the Fortune 500

Apple ranks 4th in the Fortune 500 ranking

Every year a report called Fortune 500 comes to light. This one tries to establish a ranking with the 500 American companies with the most income and with open capital. This means that there is the possibility that anyone can buy shares of it. For yet another year, this ranking is led by Walmart, which is well above its immediate competitors. Apple ranks 4th in the Fortune 500

Although Apple is capable of generating a lot of money annually, more than 100.000 million last year, at the moment he is not able to unseat the Walmart company from the throne. A throne that each year Fortune magazine places in where he analyzes the 500 companies with the highest income. We don't really know why either it looks at income and not profits. Anyway, Apple occupies a position within the top five companies. It is in fourth position behind the aforementioned Walmart. Amazon and Exxon Mobil (the oil company that on more than one occasion occupied the first place).

The top six companies in the Fortune 500 ranking

The ranking establishes that the company with the bitten apple, which has been appearing in the ranking for more than 38 years, has generated in the last year 260.174 million. A not inconsiderable figure. However, Walmart has reached 523.964 million. Now, the most important thing to analyze is that Apple is the first American company to appear in its sector, even though it ranks 4th in the Fortune 500.

Apple, for example, surpasses Microsoft. His great rival in the land of opportunities. Now Microsoft is still the most valuable company in terms of stock value. Every day Apple gets closer and closer to it, but right now Microsoft has a market cap of $ 1.38 trillion and Apple $ 1.33 trillion.

All these figures take into account the numbers of the year 2019. We assume that next year's list will take into account the stoppage of more than two months of all of them due to the global pandemic. It is true that Apple has not been one of the most affected.


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