Apple moves up Forbes 2000 list, MS falls slightly
updated 12:40 pm EDT, Thu April 7, 2005
Apple in Fobes 2000
Apple now on Forbes' list of the largest companies worldwide. The company moved up more than 300 positions from 2004, when it ranked 762nd on the list. Forbes lists Apple's sales at $9.76 billion, with profits of $510 million, and a market value of $36.66 billion. Apple now has over $9 billion in assets, and 11,695 employees. The highest ranked technology hardware company was IBM, which ranked 17th overall. HP trailed IBM with a distant 54th. Apple remains ahead of Sun, Nortel, Casio, and other hardware makers. Apple also ranked higher than Yahoo, Google and Adobe. Microsoft lead the Software category, but had fallen to 47th overall from 31st. The highest ranked company worldwide was financial firm Citigroup, with nearly 300,000 employees and assets of over $1.4 trillion.
Wow!
04/07, 02:27pm reply
Apple only a year ago had a market capitalization of $8 billion. At one point they were as low as $6 billion. To be now $36 billion Apple has basically more than quadrupled its worth in just one year. Talk about the iPod revolution!
abrody
Fresh-Faced Recruit
Joined: Mar 1999
Casio?
04/07, 02:32pm reply
Somehow I don't think beating out Casio is anything to be proud of. Not saying this was not a great achievement, but I'm not sure why the author chose to compare Apple to Casio...
madgunde
Fresh-Faced Recruit
Joined: Nov 2002
Math quiz
04/07, 02:35pm reply
Q: If Apple moves up 320 positions a year and MS moves down 16 positions a year, how long will it take for Apple to pass MS?
Manthas
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Joined: May 2004
re: math quiz
04/07, 02:45pm reply
A: 2 years. =)
eldarkus
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Joined: Feb 2004
re: Casio
04/07, 02:50pm reply
i's assume for the reason he stated. Because Casio makes hardware, just like Apple, Sun, Nortel. At least the fields are close.. they could have used Wendy's or something really out there!
on a personal note, it does sound odd. when I think Casio, I think cheap watches and calculators! not a top 500 ranked company! I didnt even know they were still around! Texas Ins falls under the same category for me. =)
eldarkus
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Joined: Feb 2004
Citigroup
04/07, 04:51pm reply
I would like to know how many Techs it takes to support 300,000 employees @ Citigroup . Must be a huge IT Department.
Faizon318
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Joined: Mar 2004
Re: math quiz
04/07, 05:21pm reply
"A: 2 years."
If only! Its just too bad that the further up that list you go, the tougher it is to keep moving up!
Manthas
Fresh-Faced Recruit
Joined: May 2004
casio etc..
04/07, 08:09pm reply
....when I think Casio, I think cheap watches and calculators! not a top 500 ranked company! I didnt even know they were still around! Texas Ins falls under the same category.....
Casio makes lots of point-of-sale hardware.
TI is the leader in projected video (DLP) as well as many other products.
The world is not just about comsumer products.
presearch
Fresh-Faced Recruit
Joined: Aug 2001
Re: Math quiz
04/08, 03:06am reply
395 / 336 = 1.1756
With other words: 1 year, 2 months, and 3 days
;)
Simon
Posting Junkie
Joined: Nov 2000
to presearch
04/08, 07:31am reply
Wow.. thanks for all of that USELESS info, presearch!! You mean theres more than just consumer products? yeah right... and I take it youre going to tell me a bunch of c*** like oil is used in factories and not just cars. D'UH!!!
I'm well aware of TI and Casios business. I actually had to contact TI for a replacement part a few months ago. I was merely making a joke. Take your phaser off "serious" for a second and lighten up! =P
eldarkus
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Joined: Feb 2004