Tech in the Fortune 500
Fortune Magazine has published its annual Fortune 500 list, revealing that Wal-Mart has reclaimed the top position, raking in over $469 billion in revenue in 2012.
The wholesale retail giant – which owns a significant stake in South Africa’s Massmart – pushed former number one, Exxon Mobil into second postion with $449 billion, while oil company, Chevron, maintained third place with $233.9 billion in revenue.
Warren Buffett’s investment company, Berkshire Hathaway, jumped up the list to 5th position ($162.5 billion in revenue) from 7th place last year.
Apple claimed the title of Fortune’s largest tech company in 6th position with $156.5 billion in revenues – leaping into the top 10 from 17th position in 2011.
The only other tech-related company to crack the top 10 is Forbes’ biggest tech company, General Electric, which brought in $146.9 billion, placing it at number 8.
| # | Company | Revenue ($bn) |
| 1 | Wal-Mart Stores | 469.2 |
| 2 | Exxon Mobil | 449.9 |
| 3 | Chevron | 233.9 |
| 4 | Phillips 66 | 169.6 |
| 5 | Berkshire Hathaway | 162.5 |
| 6 | Apple | 156.5 |
| 7 | General Motors | 152.3 |
| 8 | General Electric | 146.9 |
| 9 | Valero Energy | 138.3 |
| 10 | Ford Motor | 134.3 |
| 11 | AT&T | 127.4 |
| 12 | Fannie Mae | 127.2 |
| 13 | CVS Caremark | 123.1 |
| 14 | McKesson | 122.7 |
| 15 | Hewlett-Packard | 120.4 |
| 16 | Verizon Communications | 115.8 |
| 17 | UnitedHealth Group | 110.6 |
| 18 | J.P. Morgan Chase & Co. | 108.2 |
| 19 | Cardinal Health | 107.6 |
| 20 | IBM | 104.5 |
While their showing in the top 10 is scant, prominent tech companies are well distributed within the top 100.
American network operator AT&T just missed the top 10 in 11th position, while Hewlett-Packard (15th) and IBM (20th) round off the top 20.
Microsoft (35th), Comcast (46th), Amazon (49th) and United Technologies (50th) show face in the top 50 – while Dell (51st), Intel (54th), Google (55th), Cisco (60th), Oracle (80th) and Sprint (87th) complete tech’s showing in the top 100.
Social Networking giant, Facebook, made it’s debut on the list at 482, having brought in $5.1 billion in revenue in 2012.
Google rival, Yahoo, which is currently shifting its strategic position in the market under Marissa Mayer, dropped eleven places since 2011 to 494th on the list – the lowest ranked tech company in the Fortune 500.
Tech companies in the top 100
| # | Company | Revenue ($bn) |
| 6 | Apple | 156.5 |
| 8 | General Electric | 146.9 |
| 11 | AT&T | 127.4 |
| 15 | Hewlett-Packard | 120.4 |
| 20 | IBM | 104.5 |
| 35 | Microsoft | 73.7 |
| 46 | Comcast | 62.6 |
| 49 | Amazon.com | 61.1 |
| 50 | United Technologies | 59.8 |
| 51 | Dell | 56.9 |
| 54 | Intel | 53.3 |
| 55 | 52.2 | |
| 60 | Cisco Systems | 46.1 |
| 80 | Oracle | 37.1 |
| 87 | Sprint Nextel | 35.3 |
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