How Apple subdivisions compare against Fortune 500 companies

Apple CEO Tim Cook on Tuesday revealed the company's wearables business — AirPods, Apple Watch and Beats — is now the size of a Fortune 500 company, while services revenue is on the verge of breaking into Fortune 100 territory. AppleInsider takes a closer look at the comparisons.

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8 Comments

qwwera

said about 6 years ago

Good to see you guys start doing videos. Good job! Keep it up.

stageofhistory

said about 6 years ago

qwwera said:

Good to see you guys start doing videos. Good job! Keep it up.

I'm actually in two minds about videos on AI - They are great, but it makes harder for me to browse the Apple news at work when I should be working!

2old4fun

said about 6 years ago

stageofhistory said:

qwwera said:

Good to see you guys start doing videos. Good job! Keep it up.

I'm actually in two minds about videos on AI - They are great, but it makes harder for me to browse the Apple news at work when I should be working!

AirPod to be rescue!

freeper

said about 6 years ago

2old4fun said:

stageofhistory said:

qwwera said:

Good to see you guys start doing videos. Good job! Keep it up.

I'm actually in two minds about videos on AI - They are great, but it makes harder for me to browse the Apple news at work when I should be working!

AirPod to be rescue!

Since I read much faster than I watch videos, I pass 95% of the time. I guess I am not fit for the YouTube generation, or even the podcasting generation that preceded it.

ddawson100

said about 6 years ago

Nice framing of the numbers. I've gotten so used to hearing numbers like this ($28.8 billion) that it doesn't even impress me all that much. I just looked at the list of the most recent US States budgets on Wikipedia to find that 28.8 billion ranks Apple at 23 compared to the most recent annual budgets. And 61 for national revenue for all countries in that list. Just wow. Absurd.

The other thing that blows me away is Apple's bonds. Just immense.

"The iPhone-maker has $148 billion of its record $257 billion cash pile invested in corporate debt alone, according to a company filing from Wednesday. That’s enough to buy all the assets in the world’s largest fixed-income mutual fund, the Vanguard Total Bond Market Index Fund, which has about $145 billion of assets including company, government and mortgage bonds."

https://www.bloomberg.com/news/articles/2017-05-04/apple-buys-more-company-debt-than-the-world-s-biggest-bond-funds