Loading ...Apple has been making some moves in the last year. I am not just talking about product sales either. Apple has jumped up to number 103 on the FORTUNE 500 list. The FORTUNE 500 is a list of the 500 top companies according to net revenue. Last year, Apple was 121. This 18 spot jump is a result of almost $3.5 billion in profits last year.
Some of this success no doubt must be contributed to the huge hit that has been the iPhone. Never before has a single phone captured the eye of so many people. It is absolutely unprecedented. It is not to say that Mac and iPod sales were not good last year, but with 4 million plus iPhones sold so far, and that revenue sharing agreement, Apple is living large off the iPhone.
Interesting note as well, AT&T made a huge jump on the list as well. They jumped from spot 27 to 10. This is speaking of the main AT&T division. The mobile interests of AT&T were no doubt flooded with money this year, meaning the iPhone may be responsible for at least part of AT&T's great year.
[Via Macsimus News]
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