Here are the top ten of the largest U.S. corporations, this classification was developed by the magazine Fortune 500 and CNN Money. Not surprisingly, the winner of this ranking is Wal-Mart, companies linked to oil, the automobile industry as well as banks.
-
10: AT&T
Revenues 118,928 Profits 11,951 -
9: Bank of America
Revenues 119,190 Profits 14,982 -
8: Citigroup
Revenues 159,229 Profits 3,617 -
7: Ford Motor
Revenues 172,468 Profits -2,723 -
6: General Electric
Revenues 176,656 Profits 22,208 -
5: ConocoPhillips
Revenues 178,558 Profits 11,891 -
4: General Motors
Revenues 182,347 Profits -38,732 -
3: Chevron
Revenues 210,783 Profits 18,688 -
2: Exxon Mobil
Revenues 372,824 Profits 40,610 -
1: Wal-Mart
Revenues 378,799 Profits 12,731
As can be seen in the top ten, all americans car companies have negative profits in 2008. The car sector is one of the most affected by the economic crisis and the banking sector. There are also two companies related to telecommunications in the top 100 who obtained negative profits in 2008: Sprint Nextel and Motorola.
All amounts in this article are in millions of dollars.
Tags: car companies, chevron, conocophillips, exxon mobil, ford motor, fortune 500, general electric, sprint nextel, wal mart