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  • Previous Rank
    9
  • Revenues ($M)
    $229,234
  • Revenue Percent Change
    6.3%
  • Profits ($M)
    $48,351.00
  • Profits Percent Change
    5.8%
  • Assets ($M)
    $375,319.00
  • Employees
    123,000

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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Company Information

CEO
Timothy D. Cook
Sector
Technology
Industry
Computers, Office Equipment
HQ Location
Cupertino, Calif.
Websitehttp://www.apple.com
Years on Global 500 List16
Employees123,000
Figures are for fiscal year ended Sept. 30, 2017.

Apple Rank History

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Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$229,2346.3%
Profits ($M)$48,351.005.8%
Assets ($M)$375,319.00-
Total Stockholder Equity ($M)$134,047.00-

Profit Ratios

Profit as % of Revenues21.1%
Profits as % of Assets12.9%
Profits as % of Stockholder Equity36.1%