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Apple Climbs Up Fortune 500 Rankings, but Its Diversity Ranking is Pitiful

Apple is the single most valuable company in the world in terms of the total value of its outstanding shares in the market which is termed its market capitalization. Its ranking on the Fortune 500 tends to be rather high too, but recently the company lost out on its top 3 spot and was supplanted by Exxon Mobil which brought the tech company’s ranking down to 4th.

The good news that various Apple shareholders and investors might want to pay attention to is that the tech giant has managed to get its number 3 spot back, but this news might be tempered somewhat by a ranking that offers a slightly more sinister picture of the inner workings of this company. This is part of a new set of rankings published by Forbes that is based on diversity and inclusivity rather than total revenue which is what the standard Fortune 500 is based on. In this list, Apple was ranked at #188 which is quite abysmal when you take into account what a profitable company this is and how this indicates that minorities are not being given the chance to have any kind of a say in how this company must be run.

With all of that having been said and now out of the way, it is important to note that Apple often readily accepts the fact that it isn’t as diverse it is supposed to be and it tries to set goals that it strives to meet at some point or another. However, many would argue that these goals amount to little more than platitudes, and that the company will have to do a lot more to make it so that it has people from all different walks of life working within its walls which would invariably make it a much better company as well.



Read next: App Store Expedites $643 Billion In Commerce With A Growth of 24% Noted In The Ecosystem, According to Analysts in the Recent Apple Study

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