{"id":37296,"date":"2013-05-07T10:03:33","date_gmt":"2013-05-07T08:03:33","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=37296"},"modified":"2013-05-07T10:56:44","modified_gmt":"2013-05-07T08:56:44","slug":"tech-in-the-fortune-500","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/37296\/tech-in-the-fortune-500\/","title":{"rendered":"Tech in the Fortune 500"},"content":{"rendered":"

Fortune Magazine has published its annual Fortune 500 list, revealing that Wal-Mart<\/a> has reclaimed the top position, raking in over $469 billion in revenue in 2012.<\/p>\n

The wholesale retail giant – which owns a significant stake in South Africa’s Massmart<\/a> – pushed former number one, Exxon Mobil<\/a> into second postion with $449 billion, while oil company, Chevron<\/a>, maintained third place with $233.9 billion in revenue.<\/p>\n

Warren Buffett’s investment company, Berkshire Hathaway, jumped up the list to 5th position ($162.5 billion in revenue) from 7th place last year.<\/p>\n

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.<\/p>\n

The only other tech-related company to crack the top 10 is Forbes’ biggest tech company, General Electric<\/a>, which brought in $146.9 billion, placing it at number 8.<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
#<\/strong><\/td>\nCompany<\/strong><\/td>\nRevenue ($bn)
\n<\/strong><\/td>\n<\/tr>\n
1<\/td>\nWal-Mart Stores<\/td>\n469.2<\/td>\n<\/tr>\n
2<\/td>\nExxon Mobil<\/td>\n449.9<\/td>\n<\/tr>\n
3<\/td>\nChevron<\/td>\n233.9<\/td>\n<\/tr>\n
4<\/td>\nPhillips 66<\/td>\n169.6<\/td>\n<\/tr>\n
5<\/td>\nBerkshire Hathaway<\/td>\n162.5<\/td>\n<\/tr>\n
6<\/td>\nApple<\/td>\n156.5<\/td>\n<\/tr>\n
7<\/td>\nGeneral Motors<\/td>\n152.3<\/td>\n<\/tr>\n
8<\/td>\nGeneral Electric<\/td>\n146.9<\/td>\n<\/tr>\n
9<\/td>\nValero Energy<\/td>\n138.3<\/td>\n<\/tr>\n
10<\/td>\nFord Motor<\/td>\n134.3<\/td>\n<\/tr>\n
11<\/td>\nAT&T<\/td>\n127.4<\/td>\n<\/tr>\n
12<\/td>\nFannie Mae<\/td>\n127.2<\/td>\n<\/tr>\n
13<\/td>\nCVS Caremark<\/td>\n123.1<\/td>\n<\/tr>\n
14<\/td>\nMcKesson<\/td>\n122.7<\/td>\n<\/tr>\n
15<\/td>\nHewlett-Packard<\/td>\n120.4<\/td>\n<\/tr>\n
16<\/td>\nVerizon Communications<\/td>\n115.8<\/td>\n<\/tr>\n
17<\/td>\nUnitedHealth Group<\/td>\n110.6<\/td>\n<\/tr>\n
18<\/td>\nJ.P. Morgan Chase & Co.<\/td>\n108.2<\/td>\n<\/tr>\n
19<\/td>\nCardinal Health<\/td>\n107.6<\/td>\n<\/tr>\n
20<\/td>\nIBM<\/td>\n104.5<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n

While their showing in the top 10 is scant, prominent tech companies are well distributed within the top 100.<\/p>\n

American network operator AT&T<\/a> just missed the top 10 in 11th position, while Hewlett-Packard<\/a> (15th) and IBM<\/a> (20th) round off the top 20.<\/p>\n

Microsoft<\/a> (35th), Comcast<\/a> (46th), Amazon<\/a> (49th) and United Technologies (50th) show face in the top 50 – while Dell<\/a> (51st), Intel<\/a> (54th), Google<\/a> (55th), Cisco<\/a> (60th), Oracle<\/a> (80th) and Sprint<\/a> (87th) complete tech’s showing in the top 100.<\/p>\n

Social Networking giant, Facebook<\/a>, made it’s debut on the list at 482, having brought in $5.1 billion in revenue in 2012.<\/p>\n

Google rival, Yahoo<\/a>, which is currently shifting its strategic position in the market under Marissa Mayer<\/a>, dropped eleven places since 2011 to 494th on the list – the lowest ranked tech company in the Fortune 500.<\/p>\n

Tech companies in the top 100<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
#<\/strong><\/td>\nCompany<\/strong><\/td>\nRevenue ($bn)
\n<\/strong><\/td>\n<\/tr>\n
6<\/td>\nApple<\/td>\n156.5<\/td>\n<\/tr>\n
8<\/td>\nGeneral Electric<\/td>\n146.9<\/td>\n<\/tr>\n
11<\/td>\nAT&T<\/td>\n127.4<\/td>\n<\/tr>\n
15<\/td>\nHewlett-Packard<\/td>\n120.4<\/td>\n<\/tr>\n
20<\/td>\nIBM<\/td>\n104.5<\/td>\n<\/tr>\n
35<\/td>\nMicrosoft<\/td>\n73.7<\/td>\n<\/tr>\n
46<\/td>\nComcast<\/td>\n62.6<\/td>\n<\/tr>\n
49<\/td>\nAmazon.com<\/td>\n61.1<\/td>\n<\/tr>\n
50<\/td>\nUnited Technologies<\/td>\n59.8<\/td>\n<\/tr>\n
51<\/td>\nDell<\/td>\n56.9<\/td>\n<\/tr>\n
54<\/td>\nIntel<\/td>\n53.3<\/td>\n<\/tr>\n
55<\/td>\nGoogle<\/td>\n52.2<\/td>\n<\/tr>\n
60<\/td>\nCisco Systems<\/td>\n46.1<\/td>\n<\/tr>\n
80<\/td>\nOracle<\/td>\n37.1<\/td>\n<\/tr>\n
87<\/td>\nSprint Nextel<\/td>\n35.3<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n

More list stories<\/h3>\n

Biggest tech companies in the world<\/a><\/strong><\/p>\n

Tech\u2019s youngest billionaires<\/strong><\/a><\/p>\n

Richest IT people in South Africa<\/strong><\/a><\/p>\n

South Africa\u2019s richest people<\/a><\/strong><\/p>\n

Forbes lists Africa\u2019s power players<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Fortune has published its list of the 500 biggest companies based on revenues.<\/p>\n","protected":false},"author":10,"featured_media":11886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[55,51,137,5767,2026,2939,393,45,3654,231,53,26,273,753,305,169,1250,1424,5794,675,147],"class_list":["post-37296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-amazon-com","tag-apple","tag-att","tag-berkshire-hathaway","tag-cisco-systems","tag-comcast","tag-dell","tag-facebook","tag-fortune","tag-general-electric","tag-google","tag-headline","tag-hewlett-packard","tag-ibm","tag-intel","tag-microsoft","tag-oracle","tag-sprint-nextel","tag-united-technologies","tag-wal-mart","tag-yahoo"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/37296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=37296"}],"version-history":[{"count":6,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/37296\/revisions"}],"predecessor-version":[{"id":37306,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/37296\/revisions\/37306"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/11886"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=37296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=37296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=37296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}