Apple climbs up Fortune 500 ranking

10.07.2012
Apple is ranked at number 55 in , the company was previously ranked at number 111 in Fortune's ranking of the world's largest corporations.

The ranking is based on revenue for the fiscal year 2011.

Fortune compares revenue and profits from fiscal year 2011 and 2010. Apple's revenue in 2011 was $108.249 billion, up 66% compared to the previous year.

Profit for 2011 was $25.922 billion, up 85% on 2010.

At the is Royal Dutch Shell, with $484.489 billion in revenue and $30.918 in profits.

Samsung Electronics is in 22nd place, with $148.944 billion revenue and $12.059 billion profit.