Fortune has released their annual “Fortune 500” listings, which ranks U.S. companies by revenue. Apple is now #35 on the on the list with $65 billion in revenue. Here’s a lengthy excerpt from the report: Apple climbed 21 slots into the top 50 of the Fortune 500 this year. How’d it get there? The company […]
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Apple Now 35th on Fortune 500 List

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Fortune has released their annual “Fortune 500” listings, which ranks U.S. companies by revenue. Apple is now #35 on the on the list with $65 billion in revenue.
Here’s a lengthy excerpt from the report:

Apple climbed 21 slots into the top 50 of the Fortune 500 this year. How’d it get there? The company not only continues to expand its reach in existing markets, it also keeps creating new ones.

Take the iPad, which showed the world the power of tablet computing when it was introduced last year. iPad 2 followed, and was one of the most highly anticipated electronic products this year. CEO Steve Jobs’ appearance at its debut in March reassured shareholders worried about his most recent medical leave. Regardless of who’s in charge, though, investors have plenty of reason to believe Apple’s magic spell on consumers can continue.

With Apple posting some $14 billion in profits in 2010, made it the 8th most profitable company, which is up from 26 the year prior. In the computer and office equipment category Apple is second in revenue only to HP, but leads in profit.

I’ve said it again, and again, that Apple is seeing fantastic numbers.

Image courtesy of Fortune.

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