Apple Climbs to 253 in Fortune 500 List


Fortune's annual Global 500 list for 2008 is out and Apple made the cut yet again, moving 337th place in 2007 up to 253. The list ranks the largest 500 global corporations and also includes companies such as Wal-Mart, General Electric, AT&T, Walt Disney and Microsoft.
According to Fortune's figures, Apple's revenue in 2008 increased 35.3 percent compared to 2007, and profits were up 38.3 percent. Revenue for the company was up 14.9 percent, too.
The companies that topped the Fortune 500 list included Royal Dutch Shell, Exxon Mobil, Wal-Mart, BP and Chevron -- making Wal-Mart the only company outside of the oil industry in the top five.
Other technology companies that made the list were Hewlett-Packard at 32, Sony at 81, Dell at 115, Microsoft at 117, Cisco at 191, and Intel at 202.