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Apple cracks Fortune 500 top ten for first time

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By Phil Dzikiy

News Editor, iLounge
Published: Monday, May 6, 2013
News Categories: Apple

Fortune has released this year’s Fortune 500, its annual ranking of America’s largest corporations, and Apple has cracked the top ten for the first time. Despite well-publicized issues that have deflated the company’s stock value, Apple rose to 6th on the list, up from last year’s rank of 17th. Though Fortune notes “Apple is bigger than ever,” the company’s overview also says last October’s product announcements “maintained more than disrupted,” while CEO Tim Cook’s apologies for Apple maps and Chinese repairs are also cited in the brief summary.

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