Apple Climbs to 6th Spot on Fortune’s Annual Global 500 List

Apple has just climbed to 6th place on Fortune’s list of the world’s top 500 companies by revenue, as noted by iMore. Walmart was once again at the top of Fortune’s Global 500 list for the  eighth  consecutive year, with Amazon coming in at 3rd spot.

Fortune Global 500 companies generated revenues totaling more than one-third of the world’s GDP. They generated $31.7 trillion in revenues (down 5%), $1.6 trillion in profits (down  20%), and employ 69.7 million people worldwide. 

Apple netted $57 billion in profits, and is the Fortune Global 500’s most profitable company in 2021, ending Saudi Aramco’s two-year reign.

Of the 2021 rankings, Fortune List Editor Scott DeCarlo says, “The radical changes the pandemic has wrought will have long-term implications for businesses worldwide. Using it as a catalyst, the Global 500 showed the world how to adapt, evolve, and reinvent themselves. The Global 500 is a picture of a world we’re rapidly leaving behind and also a guide to the new environment taking shape.”

Below are the top 10 names on the Fortune Global 500 list for 2021. You can check out the full list here.

1. Walmart (U.S.)   
2. State Grid (China)
3. Amazon.com (U.S.) 
4. China  National  Petroleum (China)   
5. Sinopec (China)  
6. Apple (U.S.) 
7. CVS Health (U.S.)
8. United Health Group (U.S.)  
9. Toyota Motor (Japan)  
10. Volkswagen (Germany)