Fortune has released its annual Fortune 500 list for the year of 2013, with Apple jumping eleven places since last year! The company has moved from seventeenth place to the sixth one on the list, and continues to grow despite having hit some rough spots last year in public perception.
Having cracked the Fortune 10 this year, Apple is reported to be bigger than ever! Note at Fortune reads: “But it’s a high-pressure job, being king of the hill. At Apple's press event this past October, it maintained more than disrupted with its software upgrades and iPad mini announcement. Also, CEO Tim Cook had to apologize a lot in the past year -- once in September for the failure of Apple’s maps app, and then to Chinese consumers this April for slow repair services -- this in a market that Cook said this past January would be Apple's largest.”
Remaining an innovation icon, Apple falls behind Walmart, ExxonMobil, Chevron, Phillips 66, and Berkshire Hathaway, despite the fact that Apple’s profit ($156.2 billion in revenue in 2012) is second only to those of ExxonMobile. Anyway, it’s a big step forward for Apple, giving us a fair hope to expect the company move even more forward for the next year!