Earlier this month, Fortune Magazine released its Fortune 500 list for this year. Topping the list in annual revenue was Wal-Mart, with approximately $422 billion in sales in 2010. Exxon Mobil ranked second in revenue with $355 billion, but nearly doubled Wal-Mart’s profit ($30.5B to $16.4B). Rounding out the Top 5 were Chevron, ConocoPhillips (a good time to be in the oil "bidness," as Texans would say) and Fannie Mae (although it lost $14 billion against $154 billion of revenue). Even company #500 on the list, food purveyor Seaport (slightly over $4 billion) would be the envy of countless smaller companies.
Link:
http://money.cnn.com/magazines/fortune/fortune500/2011/full_list/
Does your shop do work for any of these corporate behemoths? Are they especially challenging on timelines or price points? Is collecting payment a challenge? We’d love to hear from you. Contact Publisher/Editor Wade Swormstedt at wade.swormstedt@stmediagroup.com