Apple shoots up 15 spots to 56th place on 2010 Fortune 500 list of largest U.S. corporations

invisibleSHIELD case for iPadApple Inc. rose 15 spots from 71st in 2009 to 56th on this year’s Fortune 500 list.

Companies ranked by their gross revenue after adjustments made by Fortune to exclude the impact of excise taxes companies collect. Profits do not figure in to positioning on the Fortune 500 list. For example, Dell is ranked 38th on Fortune’s list with $52.902 billion in revenue ($1.433 billion profit) versus Apple’s 56th place with $36.537 billion in revenue ($5.704 billion profit). The list includes publicly and privately-held companies for which revenues are publicly available.

This year, Wal-Mart knocked Exxon Mobil out of the top slot to rule the Fortune 500 again.

The Top 10 on the 2010 Fortune 500 list:
1. Wal-Mart Stores
2. Exxon Mobil
3. Chevron
4. General Electric
5. Bank of America
6. ConocoPhillips
7. AT&T
8. Ford Motor
9. J.P. Morgan Chase
10. Hewlett-Packard

The full list is here.

[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]

21 Comments

  1. Mr. Ben Dover, Apple is in third place of U.S. companies if you consider their market capitalization. The Fortune 500 goes by different measures, most likely some form of revenues/profits.

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