Fortune 500: Apple most profitable company in the world

Hartley Charlton, MacRumors:

Apple has leaped from third to first place for profit and from twelfth to sixth place for revenue in the Fortune Global 500 rankings of the world’s biggest companies.

Some astonishing numbers (as reported by Fortune):

  • Apple revenue: $274 billion, 6th most in the world
  • Apple profit: $57 billion, 1st in the world

What makes this performance even more amazing is that they come in the midst of a worldwide chip shortage that is affecting all tech manufacturers. It shows, in my mind, that Apple is managing their supply chain exceptionally well.