Apple ranks 4th in the Fortune 500 ranking Apple ranks fourth in the annual list of the largest U.S. companies in terms of Fortune 500 in revenue, with revenues of $ 260.1 billion in fiscal 2019, behind Walmart, Amazon, and ExxonMobil.
In 2019, Mighty Apple slightly reduced its sales, falling by 2% to $ 260 billion, and the rating from 3 to 4. The ability of the computer and phone maker to make money softened the blow. Apple earned $ 55 billion. Three categories reveal the story of Apple's declining sales. IPhone sales, 55% of Apple's total sales, fell 14%. An increase in sales of services such as streaming and subscription by 18% of the total volume increased by 16%. And wearable devices (AirPods and Watch) and other non-telephone accessories (iPod, HomePods and Beats) rose 41%, but they account for only 9% of total revenue.
Apple has been in the top five for five consecutive years, although after the third quarter of 2019, it went down by 1 point. Other well-known technology companies this year are: Alphabet Google in 11th place, Microsoft in 21st and Facebook in 46th.
Chief editor of the blog – Erika J. Wells .
