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Fortune 500: Apple recovers 3rd place in 2019 list

Another year, another Apple-guaranteed presence in the Top 10 gives Fortune 500 (annual ranking with the largest companies in the United States). In 2018, Ma fell one position, occupying the fourth place; now she has caught her breath and is back in the top three.

Despite taking third place on the overall list (which takes into account revenue), if we look at profitability, Apple was the well ahead champion of the second (the financial services conglomerate JPMorgan Chase) and the third place (Alphabet, me from Google).

Focusing on technology companies, Apple is twice the size of Alphabet; Microsoft, Dell and IBM complete the ranking of the top five giants. This is the 37th year Ma has participated in the Fortune 500 and the 7th consecutive year that she gets a place among the top 10 ranking companies.

According to the Fortune, Apple saw its turnover vary by 15.9%, reaching $ 265.5 billion in fiscal year 2018. In addition, the company has assets valued at $ 365.7 billion and about 132,000 employees globally.

THE Fortune 500 This year marks the 65th edition of the list. In total, the companies of the Fortune 500 they represent two thirds of US GDP, with $ 13.7 trillion in revenue, $ 1.1 trillion in profits, $ 22.6 trillion in market value and employing 28.7 million people worldwide.

Above Ma on the list are Exxon Mobil ($ 290.2 billion) and Walmart ($ 514.4 billion), respectively. Here's how the top 10 most profitable companies ranked last year:

  1. Walmart – $ 514.4 Billion
  2. Exxon Mobil – $ 290.2 Billion
  3. Apple – $ 265.5 Billion
  4. Berkshire Hathaway – $ 247.8 Billion
  5. Amazon – $ 232.8 billion
  6. UnitedHealth Group – $ 226.2 Billion
  7. McKesson – $ 208.3 Billion
  8. CVS Health – $ 194.5 Billion
  9. AT&T – $ 170.7 billion
  10. AmerisourceBergen – $ 167.9 billion

According to one analyst at Fortune2018 be remembered as "the year Apple reached a market value of $ 1 rail, as well as when the growth of the iPhone, the company's largest product, began to lose out." According to the magazine, Apple's challenge is now repositioning itself as a service provider as the hardware market has slowed.

via 9to5Mac