Fortune 500 profits near record. Socialist to Blame

NEW YORK: The 500 largest US companies scored near-record profits last year and retailer Wal-Mart replaced ExxonMobil as the biggest revenue maker on the annual list, Fortune magazine said Monday.

Apple cracked into the top 10 companies for the first time, vaulting into sixth place from the prior year’s number 17 slot.

The combined earnings of the Fortune 500 came in at $820 billion in 2012, slipping from the all-time high of $824.5 billion in 2011.

Missed it by a “small fortune”.

I am terribly curious to see how the whole 3D printing tech can shake things up.  Printing your own little thing is a lot cooler and cheaper than having it shipped halfway around the whole.

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