Apple made a big leap in their Fortune 500 ranking for 2006 when the list was released earlier this week. Previously, they were at number 159. Now, they've jumped 38 spots to number 121. By the end of March 2007 the company's market value was 80.602 billion dollars (put your pinky to the corner of your mouth when you say that).
Other tech companies in the top 20 included HP (number 14) and Verizon (number 13). The number one spot went to the monolithic Wal-Mart.