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3 - Apple

Zhang Peng — LightRocket via Getty Images

After more than a decade of solid growth fueled first by the iPod music player and then by the even more popular iPhone, Apple finally appeared to hit a wall, with lackluster sales relatively speaking for other products such as the iPad and Apple Watch and a heavy reliance on upgraded phone models. But the most profitable publicly-traded company in the world is investing heavily in software and its efforts in new areas of opportunity, including automobiles, remain in development (and under wraps). Apple was founded in 1977 and is headquartered in Cupertino, Calif.

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Key Metrics & Financials (Last Fiscal Year)

Revenues ($M)$215639
Revenue Percent Change-7.7%
Profits ($M)$45,687.0
Profits Percent Change-14.4%
Assets ($M)$321686
Market Value — as of March 31, 2017 ($M)$753,718
Employees116,000
Previous Rank3

Company Facts

Employees116,000
SectorTechnology
IndustryComputers, Office Equipment
HQ LocationCupertino, CA
CEOTimothy D. Cook
CEO Title-
Websitewww.apple.com
Years on Fortune 500 List23

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