Apple makes Fortune 500’s top 10 for first time; Facebook makes list

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Apple iPhone 1st day SalesDespite having a rough year on Wall Street, Apple cracked the top 10 in the Fortune 500 list for the first time, jumping from No. 17 to No. 6.

The Fortune 500, compiled by the business magazine Fortune, ranks the largest corporations in the U.S. based on annual revenues. The tech giant was just behind Warren Buffett’s Berkshire Hathaway and ahead of General Motors on the list. Wal-Mart continued to rein as the largest corporation in the U.S.

Read more at latimes.com

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