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Apple Sees Gains in the Fortune 500

by Mark Rowland on Apr 22, 2008 at 01:03 PM

Apple: Rising in the RanksCan Apple be stopped on their run to the top?  My guess is no, at least not in the next few years.  This was further solidified by the Fortune 500.  Last year, Apple jumped a whopping 38 spots, from 159th to 121st.  This year, they made another jump, though less substantial, from 121st to 103rd.  Fortune Magazine says that the main contributors to this year’s jump was the announcement of the iPhone and MacBook sales headed skyward.

Yet another confirmation of Apple’s juggernaut approach on the tech industry is its rating among the “20 Most Profitable Companies of 2007”.  In this, they are safely situated in the 8th spot, a ranking no one expects them to lose any time soon.  With the future of Apple looking up (the imminent 3g iPhone, unexpectedly high sales numbers, etc.), maybe they can crack the top 100 next year on the Fortune 500, and maybe even the top 5 of the 20 Most Profitable Companies of 2008.  Maybe the fact that Microsoft is up at the top of this year’s Profitable Companies list will light a fire under Apple’s butt and inspire them to work harder.  Not that they don’t work hard now.

Let you voices be heard: leave a comment about where you think Apple is headed, and if you think that their current skyrocketing trend is a momentary high or something thats here to stay.

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Comments
  • Raul said:

    In the first sentence of your post, you used “there” instead of “their”.  You should correct this.

  • Mark Rowland from Shelburne, VT said:

    Whoops

  • Page 1 of 1 Comment Pages
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