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AndrewJyea
2021-08-03

Like and comment [Claw]

Apple Topples Saudi Aramco To Be The Most Profitable Fortune Global 500 Company In 2020

Apple, Inc.'s all-around product momentum has taken it to the top of the charts in terms of profitab

Apple Topples Saudi Aramco To Be The Most Profitable Fortune Global 500 Company In 2020

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The company reported profits of $49.287 billion for the year.<b>SoftBank Group Corp. - ADR</b>&nbsp;took the third position with $47.053 billion in profit.</p>\n<p><b>Walmart Inc.</b>&nbsp;was the top revenue-generating global company for the eighth consecutive year. Theretail giant&nbsp;clocked revenues of $523.964 billion for the fiscal year 2020. State-owned Chinese electricity utility&nbsp;<b>State Grid</b>&nbsp;followed with $383.906 billion in revenues.</p>\n<p><b>Amazon.com, Inc.</b>&nbsp;was in third place by virtue of its $280.522 billion revenues. The fourth and fifth places were taken by integrated oil companies&nbsp;<b>China National Petroleum</b>&nbsp;and&nbsp;<b>Sinopec Shanghai Petrochemical Co</b>.</p>\n<p><b>Apple was placed sixth in terms of revenue, a jump from the 12th position it held previously.</b></p>\n<p>The Fortune 500 companies generated revenues of $31.7 trillion, down 5%, and profits of $1.6 trillion, down  20%, the report showed. The companies employ 69.7 million people worldwide.</p>\n<p>Fortune blamed the softness relative to the previous year and&nbsp;the COVID-19 pandemic.</p>\n<p><b>Apple Juggernaut Rolls On:</b>Last week,&nbsp;Apple&nbsp;reported&nbsp;record June quarter results, with both revenues and earnings surpassing expectations.</p>\n<p>\"With 5G now in the cards and roughly 40% of its 'golden jewel'&nbsp;iPhone installed base not upgrading their phones in the last 3.5 years, Cook &amp; Co. have the stage set for a renaissance of growth in Cupertino,\" Wedbush analyst Daniel Ives said in a note reviewing the company's quarterly results.</p>\n<p>At last check, Apple shares were down 0.23% at $145.52.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Topples Saudi Aramco To Be The Most Profitable Fortune Global 500 Company In 2020</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Topples Saudi Aramco To Be The Most Profitable Fortune Global 500 Company In 2020\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-03 09:10</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Apple, Inc.'s</b>&nbsp;all-around product momentum has taken it to the top of the charts in terms of profitability.</p>\n<p><b>Cupertino Tops On Profits:</b>Apple, with $67 million in profits for the fiscal year 2020, was the leader in the Fortune Global 500, released today.</p>\n<p>Apple wrested the No. 1 \"Most Profitable\" ranking&nbsp;from Saudi Arabian oil giant&nbsp;<b>Saudi Aramco,</b>which held the top spot for two straight years. The company reported profits of $49.287 billion for the year.<b>SoftBank Group Corp. - ADR</b>&nbsp;took the third position with $47.053 billion in profit.</p>\n<p><b>Walmart Inc.</b>&nbsp;was the top revenue-generating global company for the eighth consecutive year. Theretail giant&nbsp;clocked revenues of $523.964 billion for the fiscal year 2020. State-owned Chinese electricity utility&nbsp;<b>State Grid</b>&nbsp;followed with $383.906 billion in revenues.</p>\n<p><b>Amazon.com, Inc.</b>&nbsp;was in third place by virtue of its $280.522 billion revenues. The fourth and fifth places were taken by integrated oil companies&nbsp;<b>China National Petroleum</b>&nbsp;and&nbsp;<b>Sinopec Shanghai Petrochemical Co</b>.</p>\n<p><b>Apple was placed sixth in terms of revenue, a jump from the 12th position it held previously.</b></p>\n<p>The Fortune 500 companies generated revenues of $31.7 trillion, down 5%, and profits of $1.6 trillion, down  20%, the report showed. The companies employ 69.7 million people worldwide.</p>\n<p>Fortune blamed the softness relative to the previous year and&nbsp;the COVID-19 pandemic.</p>\n<p><b>Apple Juggernaut Rolls On:</b>Last week,&nbsp;Apple&nbsp;reported&nbsp;record June quarter results, with both revenues and earnings surpassing expectations.</p>\n<p>\"With 5G now in the cards and roughly 40% of its 'golden jewel'&nbsp;iPhone installed base not upgrading their phones in the last 3.5 years, Cook &amp; Co. have the stage set for a renaissance of growth in Cupertino,\" Wedbush analyst Daniel Ives said in a note reviewing the company's quarterly results.</p>\n<p>At last check, Apple shares were down 0.23% at $145.52.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","SFTBY":"软银集团","AAPL":"苹果","AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133429741","content_text":"Apple, Inc.'s all-around product momentum has taken it to the top of the charts in terms of profitability.\nCupertino Tops On Profits:Apple, with $67 million in profits for the fiscal year 2020, was the leader in the Fortune Global 500, released today.\nApple wrested the No. 1 \"Most Profitable\" ranking from Saudi Arabian oil giant Saudi Aramco,which held the top spot for two straight years. 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The companies employ 69.7 million people worldwide.\nFortune blamed the softness relative to the previous year and the COVID-19 pandemic.\nApple Juggernaut Rolls On:Last week, Apple reported record June quarter results, with both revenues and earnings surpassing expectations.\n\"With 5G now in the cards and roughly 40% of its 'golden jewel' iPhone installed base not upgrading their phones in the last 3.5 years, Cook & Co. have the stage set for a renaissance of growth in Cupertino,\" Wedbush analyst Daniel Ives said in a note reviewing the company's quarterly results.\nAt last check, Apple shares were down 0.23% at $145.52.","news_type":1},"isVote":1,"tweetType":1,"viewCount":242,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":20,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":5408998,"gmtCreate":1627954518487,"gmtModify":1663231850445,"authorId":3578109783162616,"author":{"id":3578109783162616,"authorId":3578109783162616,"name":"wwwwwl","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804686526,"type":1,"supId":0,"prevId":0,"content":"<u>comment</u>","text":"<u>comment</u>","html":"<u>comment</u>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}