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Global 500

Michael Kappeler — picture-alliance/AP

9

Apple

AAPL

U.S.

After more than a decade of solid growth fueled first by the iPod music player and then by the even more popular iPhone, Apple finally appeared to hit a wall. Still the most profitable publicly-traded company in the world, Apple’s iPhone 6S and 6S Plus upgrades barely outsold their predecessors after arriving on the market at the end of 2015, while sales of the iPad tablet computer continued to shrink throughout the year. In April, the Apple Watch arrived to mixed reviews and modest sales. And though debate raged for a bit about the state of Apple’s sales in China amid a slowing economy there — including an unusual August 2015 email from CEO Tim Cook to CNBC host Jim Cramer claiming no summer slowdown — the year ended on a weak note for the company in Asia. Lately, hopes have turned to the next iPhone upgrade cycle and a push to focus on India, where Apple’s market share remains miniscule. Still, even with the growing concerns, Apple’s next big leap came into view in 2015. Dubbed Project Titan and staffed with hordes of former car industry experts, Apple’s effort to leapfrog the automobile market with an electric masterpiece likely won’t reach consumers for a few more years. But when it does, Cook and company could be riding high again.

CEO

Timothy D. Cook

Sector

Technology

Industry

Computers, Office Equipment

HQ Location

Cupertino, CA

Employees

110,000

Years on Global 500 List

14

Apple is also featured in these fortune lists
Figures are for fiscal year ended Sept. 30, 2015.
Key Financials (last fiscal year)
($ Millions)% change
Revenues ($M)$233,71527.9%
Profits ($M)$53,39435.1%
Assets ($M)$290,479
Total Stockholder Equity ($M)$119,355
Profit Ratios
Profit as % of Revenues22.8%
Profits as % of Assets18.4%
Profits as % of Stockholder Equity44.7%
STOCK QUOTE
()0.00 0.00 (0)
  • Previous Close:
  • Market Cap: NaNB
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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  • Dividend Yield: n/a

News about Apple

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Videos about Apple

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