Fortune just released their Global 500 list of company rankings on Monday. This year’s list has Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) (which ranked the 14th spot) topping Apple Inc. (NASDAQ:AAPL) (which ranked 19th place). The South Korean tech giant made revenue of $178.6 billion whereas Apple earned a total of $156.5 billion.
Apple And Samsung Revenues
Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) ranked number 20 last year when they made $149 in revenues, and Apple Inc. (NASDAQ:AAPL) made 55th place with $108 billion. Even though Apple and Samsung are the leaders of the tech industry, they are still nowhere close to topping at the number one spot. Royal Dutch Shell plc (ADR) (NYSE:RDS.A) (NYSE:RDS.B) sits at the top with $481.7 billion.
Here is a small list that CNET shared of where tech companies rank in the list:
Samsung — 14th place
Apple — 19th place
Hon Hai Precision Industry — 30th place
NTT — 32nd place
AT&T — 34th place
Hewlett-Packard — 43rd place
Verizon Communications — 48th place
Hitachi — 54th place
IBM — 62nd place
China Mobile Communications — 71st place
Fortune explained Apple Inc. (NASDAQ:AAPL)’s place in the survey, “Apple is bigger than ever — cracking the Fortune 10 for the first time and moving up 36 spots in the Global 500. The company has done anything but slow down. The introductions of the iPhone 5 and a the 7-inch iPad Mini helped propel the tech giant’s revenues up from $108 billion in 2011 to $157 billion last year. In a surprising move, Apple reportedly may shift some of its manufacturing from long-standing Taiwanese partner Foxconn to Pegatron, a smaller competitor, in an effort to balance out its supply chain.”
Apple Inc. (NASDAQ:AAPL)’s ranking in the list really has no significance in the company’s place on the market. The Cupertin0-based tech giant still leads in smartphone and tablet sales. There is also a lot of anticipation for the upcoming iPhone 5S and iPhone 6. The demand and interest for the iPhone has yet to waver as it’s still a perennial favorite.