Apple Jumps Up to 17 in Fortune 500 2012. 2012 Fortune 500 Ranking of America's best companies. Fortune 500 lists Apple in 17 Rank.
Apple (AAPL) had an amazing year of 2011 that made it the world's most valuable with its market revenue and share capital that is next to Microsoft. The expansive growth of Apple has pushed it into the top 20 of the 2012 Fortune 500 list of America's largest corporations. Apple had one of the biggest jumps on the list, with its record-breaking final three months of 2011 helping push it from No. 35 to No. 17. Apple is followed by CVS Caremark , International Business Machines and Citigroup in 18, 19, 20 position respectively.
Fortune ranks America's best and strong companies every year and release the list of Top 500 Fortune Companies. Fortune has released its 2012 Fortune 500 list ranking America's best companies by their revenue and progressive growth. Apple's strong growth has landed Apple in 17th Rank which is a big change compared to last year's 35. Apple's market share capital has been all time high with $600 Billion and share value of Apple shares has crossed Google's share price for the first time due to large sales world wide and the huge demand for iPads and iPhones globally. Apple's fiscal year reports a surplus of 100 Billion which Apple decided to invest for future. The strong and competent growth of Apple will definatelyy change the Fortune 500 rank next year moving from 17.