Data Sheet—Tech Takes a Big Slice of Fortune 500 List [Fortune]
Apple Inc. (AAPL)
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Source: Fortune
By Aaron Pressman 9:31 AM EDT Today marks the release of the 64th edition of Fortune ‘s Fortune 500 list of top U.S. companies. Not surprisingly, it’s increasingly dominated by technology companies. (Aaron in for Adam on this Monday, thinking about rankings.) Of course, tech behemoth Apple is the highest ranked in the sector, coming in at number four. Ranked by revenue, Apple lags Berkshire Hathaway , Exxon Mobil , and Walmart . But don’t shed a tear for Tim Cook. Apple is still the Fortune 500 company with the largest market cap at $850 billion—and the most profits with $48 billion. Other tech companies are also making their mark. Amazon cracked the top 10 for the first time and ranked eighth, aided by its acquisition of Whole Foods . Tesla made the biggest leap of any company on this year’s list, jumping 123 spots to No. 260.
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