After having already been at the top of the list of major companies, the tech giant Apple was once again voted as the most profitable company on the planet, according to the Fortune Global 500 list. The Cupertino tech giant company has been on the Fortune Global 500 list for a number of years, always having a prominent position and near the top of that list. Grouping the 500 largest technology companies, the Fortune Global 500 can bring together the most influential companies in the various areas, grouping them by many factors. Commanded by Walmart, the list gathers the companies with the highest financial results, grouping them into several categories. The list is led by Walmart in revenue, with the company earning revenues of $ 485 billion. The tech giant Apple in this category ranks only ninth, with revenues of $ 215 billion.
Apple’s Featured Position
When the valuation factor is changed to the profits, the list undergoes a profound change and the tech giant Apple moves to the top, with a value of 45.7 billion dollars.
Apple’s direct rivals are far behind on this list, with Alphabet ranking 9th with 19.4 billion, the South Korean giant Samsung Electronics ranking 10th with 19.3 billion and the tech giant Microsoft 13th with 16.7 billion dollars. Curiously, the Cupertino company achieves this position in the Fortune list even though it has a 14.4% drop in its annual profits as compared to the previous year’s annual profits. This position reinforces those that the Cupertino tech giant company has achieved in previous years. With increasing revenues, the Cupertino tech giant company is today one of the most valuable companies on the planet. This new record clearly shows the health of the company and the confidence investors place in it. Probably, and very soon, this barrier will be broken again and the tech giant Apple will be the next company worth more than 1 Trillion Dollars. So, what do you think about the tech giant Apple? Simply share your views and thoughts in the comment section below.
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