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Apple is 19th on Global 500 list

Apple is 19th on Global 500 list

Fortune today released its annual list of the world's largest companies, and Apple this year checks in at number 19 on the list.

The companies rounding out the top five spots include Royal Dutch Shell, Wal-Mart, Exxon Mobil, Sinopec Group and China National Petroleum.

Those companies generate considerably more revenue than Apple, but when it comes to sheer profits, Apple is second only to Exxon.

Last year, Apple ranked 55 on the global list and the year before, it came in at 111.