Tech Companies in Fortune 500

Fortune Magazine released the top 500 companies of 2015. Walmart took this year’s number one spot this year (somebody give me a barf bag!), followed by big oil companies Exxon Mobil and Chevron (make it a bigger barf bag!). Let’s see how technology companies rank.

The top tech giant is Apple, taking the #5 spot. But according to Fortune’s editor Alan Murray, Apple is #1 when it comes to profits and market value. But these rankings are in order of revenue. Apple is the first company ever to have a market cap worth $700 billion. And they have a nice bed of cash on hand. I think their iPhone 6 products had a lot to do with their position. Facebook made a significant leap up in this poll. They jumped a whopping 99 spots, form #341 last year to #242 this year. Profit wise, they’re in the top ten. With the innovations Facebook is coming out with, expect to see them cross the #200, or maybe even the #150 mark next year. If Murray is right, we can expect a lot of tech companies to rise up next year. This will be especially true in mobile technology and cloud computing. Did you know Tim Cook was among the most admired CEO’s among his fellow CEO’s? Other top tech/telecommunication companies that made top of the list inclue AT&T (#12), Verizon (#15), HP (#19), IBM (#24), Amazon.com (#29), Microsoft (#31), Google (#40), Comcast (#43), Intel (52#), Oracle (#81), Direct TV (#95), Time Warner (#104), and many others that go down this list.

And for technology take this many spots tells you how important technology is today. The fact Facebook ?jumps 99 spots show how important social media is. I‘m already curious about next year’s list. How many spots will Facebook climb? And with the Time Warner/Comcast merger, how far up will they be in this poll? With Google and Microsoft gaining so much momentum, where will they rank? Will Apple take the number one spot next year?

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