Fortune has for the second consecutive year declared Apple the most profitable company in the world, despite coming in 9th overall in the Fortune Global 500. The rankings are based on the most recent financial year for each company.

Fortune is best known for its Fortune 500 ranking of U.S. companies, where Apple this year took the #3 slot. But the company also compiles a global list, and it’s here that Apple came in 9th in the overall rankings but #1 in profitability …

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Author: Ben Lovejoy
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