Friday, April 16, 2010
Apple #56 on Fortune 500 List
Posted by Jeff Campbell in "Apple News" @ 09:00 AM
"Apple's fortunes just keep improving - literally. The Cupertino, Calif. maker of iconic consumer electronics reached 56 in Fortune magazine's Fortune 500 list, rising 15 spots in the annual ranking of corporate success. Apple's $36.5 billion in revenue for 2009 put it just behind 10th-place HP ($114.5 billion) and 38th-place Dell ($52.9 billion.)"
This moves it ahead of Walt Disney and McDonald's on the profitability list, but Microsoft and Google are still ahead of Apple when it comes to profits. 2009 gave investors a 146.9 percent return rate which left the usual (since 1999) 23.4 percent return in the dust.
