Apple made its first appearance in the top 100 of the Fortune 500 since
Steve Jobs’ return in the late nineties. The Silicon-Valley based
company rounded in at No. 71, partly due to the declining fortunes of
some of the firms that were above it, but mostly to revenues that grew
35.3% to $32.479 billion in 2008.
The company once claimed the
heralded title back in 1983, but it fell off of Fortune’s list in 1995,
while Jobs was absent from the company. Apple climbed back up the
magazine's ladder in 2005, eight years after Jobs’ return. Apple’s top
spot was at No. 67 in 1994.
The Fortune 500 issue is dated May 4
but is already available online. Among Apple’s largest competitors, HP
came in at No. 9, Dell at No. 33, and Microsoft at No. 35, thirty-six
spots away from Apple.
