Last April, Apple released a negative quarterly balance sheet. It is not that they had losses or publish anything outrageous, but that made official that it was the first time since its introduction in 2007 that the iPhone was sold less than in the same period of the previous year. The two major shareholders of Apple sold all their shares at the moment that Tim Cook and company but, according to the Fortune 500list, the Apple company not going so badly.
Fortune 500 is an annual list published by Fortune magazine that gathers 500 of the United States largest corporations by the benefits achieved in the fiscal year. In 2015, Apple was in the 5th position in this list, but in 2016, despite the “bad”, see quotes, results obtained, the company which runs Tim Cook has achieved a profit of 233.700 million dollars and has risen to third place on the list, ahead of Chevron and Berkshire Hathaway.
Apple is the third largest company in the Fortune 500 list of 2016
There are only two companies that are ahead of Apple in this list: Walmart and Exxon Mobil, having achieved 482.100 million and 246.200 million dollars respectively. Looking at the figures, we think that the second position in this list is at the fingertips of Apple, but still has a lot to do with first place.
The third position from Apple on the Fortune 500 list seems more important if we take into account the following technology company appearing therein (excluding operators like AT & T or Verizon) is HP who is ranked 20, Microsoft in the post 25 and Alphabet, the new name of Google, in position 36. This shows that Apple is not yet doomed and it seems that there is still much to be it.
