Apple Climbs In Fortune 500 Ranking To 3 Overtaking Chevron And Berkshire Hathaway
Apple has climbed two places in this year’s Fortune 500 list, a ranking of U.S. companies by revenue. Apple moved from 5th place last year to 3rd this, overtaking both Chevron and new AAPL investor Berkshire Hathaway, though still sitting behind Walmart and Exxon Mobil. Reading Fortune‘s write-up of Apple, however, you might be forgiven for thinking it had fallen in the ranking rather than climbed … It seems the only positive comment bar the note on profitability is what Fortune sees as the future prospects of the Apple Car....