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Where does Apple fall on the list of the 2,000 largest companies in the world?

Zach Epstein
May 11th, 2015 at 8:30 AM
Top 25 Largest Companies

This past holiday season, the iPhone 6 and iPhone 6 Plus helped Apple rack up the most profitable quarter that any company has ever recorded. The company also currently has an insanely huge market cap of about $735 billion, far greater than any other companies in the world.

But that doesn’t mean Apple tops Forbes’ list of the 2,000 largest companies on the planet.

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2015’s Forbes Global 2000 ranks the 2,000 largest companies in the world. The magazine considers four different metrics — revenues, profits, assets and market value — and it weights them to create a composite score for each of the world’s largest companies.

As a result, Apple’s king-sized market cap and its sky-high profits won’t necessarily put it at the top of the list.

This year’s Global 2000 have combined profits of $3 trillion, combined revenues of $39 trillion, a combined market value of $48 trillion and total assets worth a staggering $162 trillion. And it’s that last category that continues to keep Apple off of the top of the list in 2015; in fact, Apple isn’t even in the top 10.

The Industrial and Commercial Bank of China tops the list in 2015, with sales over the past year totaling $166.8 billion, profits totaling $44.8 billion and a market value of $278.3 billion — a fraction of Apple’s monster market cap. ICBC has assets totaling $3.32 trillion, however, dwarfing Apple’s $261.9 billion in assets.

As a result, Apple slides into the No. 12 spot on the 2015 Global 2000, behind several banks, a few oil companies, Berkshire Hathaway, GE and Toyota.

For the full list, follow the link below in our source section.

Zach Epstein

Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.

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