Apple took 3-th place in the ranking of 500 largest U.S. corporations according to Fortune
20.07.2017 Erika J. Wells 0 Comments
Fortune magazine has published a new ranking of the 500 largest us company. Apple took the list of the third line as last year. Became the leader of retail chain Wal-Mart, which for several years, with the exception of 2009, took it in the first place.
The main criterion for the distribution companies is revenue for the previous year. To get into the ranking, annual revenue had to exceed $4 billion Five years ago, Apple took seventeenth place and now entrenched in third.
Among the strengths of the iPhone maker experts call the power of the brand. In the list of “threats” to California-based company includes the operating system Android and Chinese manufacturers of smartphones. Fortune notes the dependence of the Apple iPhone as well as the high expectations of consumers and investors among the weaknesses of the company.
“After 10 years of steady growth, reinforced by the success of the iPod, and then even more popular iPhone Apple eventually hit a wall… However, the most profitable public company in the world is investing heavily in software and in a new field, including the automotive industry,” writes Fortune. Journalists believe that Apple will be able to restore parity in a few years after the release of their own car.
Top 10 corporations of the year by Fortune:
The supermarket chain Wal-Mart, the largest retailer in the world (revenue — $485 billion) for the year achieved a leading position in the rating Fortune 500. Second place went to the American holding company Berkshire Hathaway ($223,6 billion). Apple closes the three leaders with the indicator of $215,6 billion Fourth and fifth places in the list occupied the oil-and-gas giant Exxon Mobil ($205 billion), and McKesson ($192,4 billion).