Apple drops one position and is now fourth on the Fortune list of the top 500 US companies

Do you know what the Fortune 500. At the? I explain: it is a classification of the 500 largest corporations in the United States and the world, taking into account the revenue of each one of them. How it compiled and published annually by the magazine Fortunegive the name Fortune 500.

For the past two years, Apple has ranked third on the list. However, although the numbers of the company are staggering, they were not enough to keep Ma in Top 3. But the drop was not that big: in 2018 Cupertino's firm fell to fourth position, with revenue of $ 229 billion in the year. She stayed behind the Walmart (# 1, with $ 500 billion), from Exxon Mobil (# 2, with $ 244 billion) and the Berkshire Hathaway (# 3, with $ 242 billion).

Here's what they say about Ma:

Apple took a small step back from # 3 to # 4, despite a 6% gain in annual sales, but it led the way in profits with more than $ 48 billion in net profit. In short, Apple's steamroller remains on a large scale despite the general saturation of smartphones, which make up the vast majority of the company's sales and profits. In an unusual move, Apple launched three new phones, the iPhone 8 and 8 Plus, in addition to the new iPhone X, with facial recognition technology. Services like Apple Pay and Apple Music continued to rise, too.

Apple's performance on the Fortune 500

It is worth noting that the third place (won in the last two years) was Apple's best result in the history of the list; the worst was in 2002, when she was bitter at 325.

Complete the Top 10 UnitedHealth Group (# 5, with $ 201 billion), McKesson (# 6, with $ 198 billion), CVS Health (# 7, with $ 184 billion), Amazon (# 8, with $ 177 billion) ), AT&T (# 9, with $ 160 billion) and General Motors (# 10, with $ 157 billion).

According to the publication, the 500 companies that make up the 64th edition of the list represent two thirds of the US GDP, with US $ 12.8 trillion in revenue, US $ 1 trillion in profits and US $ 21.6 trillion in market value, employing 28 , 2 million people worldwide.

via 9to5Mac