Nokia Corporation ranks No. 131 on FORTUNE's 2006 Global 500
(Fortune) -- Nokia Corporation (Charts) ranks no. 131 on FORTUNE's Global 500 this year, with $42.5 billion in revenues, up 16.7% from the previous year. The Espoo, Finland-based company was ranked no. 130 on the 2005 list. Its 2005 profits were $4.5 billion, up 12.6% from a year earlier. 2005 was a banner year for most Global 500 companies. It took $13.7 billion in revenue just to make this year's list - up from $12.4 billion last year. And profits for the 500 companies jumped 30%. Total revenues for the Global 500 in 2006 add up to $18.9 trillion, a third of the world's GDP. In the Network and Other Communications Equipment industry, profits were up 30.4% from the previous year. The world's biggest companies in the sector are: Motorola (Charts), ranked no. 152 on the Global 500 with $36.8 billion in revenues; Cisco Systems (Charts), ranked no. 241 on the Global 500 with $24.8 billion in revenues; Telefonaktiebolaget LM Ericsson (Charts) ranked no. 319 on the Global 500 with $20.3 billion in revenues; and Alcatel S.A. (Charts), ranked no. 411 on the Global 500 with $16.3 billion in revenues. The Global 500 list is an annual ranking of the world's largest corporations by revenues. Next: Full list: 2006 Global 500 at //money.cnn.com/global500 Plus: See Nokia Corporation's Global 500 details, including financial stats and contact information. Next: See 2006 FORTUNE Global 500Europe's top 50 Asia's top 50 |
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