Yahoo joins the FORTUNE 500
The Sunnyvale-based company is on FORTUNE's latest list of America's largest corporations.
NEW YORK (FORTUNE) - Yahoo (Research) made its first appearance this year on the FORTUNE 500, with $5.26 billion in revenues, up 47.1% from the previous year. The Sunnyvale, Calif.-based company ranked no. 412 on FORTUNE's annual list. Its 2005 profits were $1.9 billion, up 126% from a year earlier. This year, FORTUNE 500 companies overall brought in a record $9.1 trillion in revenues and $610 billion in profits. And while the economy as a whole grew 3.5% last year, FORTUNE 500 companies did much better, increasing their revenues by a healthy 15.4%.
The FORTUNE 500 list is an annual ranking of America's largest corporations by revenues. Its companies employ more than 24 million people, about 16% of working Americans. The other companies in this sector on this year's list are: Amazon.com (Research), IAC/InterActiveCorp (Research), eBay (Research), and Google (Research). See Yahoo's FORTUNE 500 details, including financial stats and contact information. Next: See the full list: FORTUNE 500 or go to www.fortune500.com Next: See the 2006 FORTUNE 500FORTUNE 1000 Companies in Your State |
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