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Global 500

David Gray—Reuters

11

Apple

AAPL

U.S.

Apple dropped two spots on this year’s Global 500, despite a 6% gain in annual sales, but it led the way in profits with more than $48 billion in net income. In short, the Apple juggernaut continues at tremendous scale and despite the overall saturation of smartphones, which make up the vast majority of the company’s sales and profits. In an unusual move, Apple introduced three new phones, the upgraded iPhone 8 and 8 Plus, as well as the redesigned iPhone X (pronounced “ten”), powered by facial-recognition technology. Services likes Apple Pay and Apple Music continued to rise, too.

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CEO

Timothy D. Cook

Sector

Technology

Industry

Computers, Office Equipment

HQ Location

Cupertino, Calif.

Years on Global 500 List

16

Employees

123,000

Figures are for fiscal year ended Sept. 30, 2017.
Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$229,2346.3%
Profits ($M)$48,351.05.8%
Assets ($M)$375,319
Total Stockholder Equity ($M)$134,047
Profit Ratios
Profit as % of Revenues21.1%
Profits as % of Assets12.9%
Profits as % of Stockholder Equity36.1%
STOCK QUOTE
()0.00 0.00 (0)
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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  • Dividend Yield: n/a

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