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Apple moved from 17th place last year to No. 6 on the prestigious list — the only tech company to crack the top 10. It recorded annual revenue of 6 billion. Wal-Mart led the way with revenue of 9.2 billion, followed by Exxon Mobil (9.9 billion); Chevron (9 billion); and Phillips 66 (9.6 billion).

Apple offered any Publisher interested in the iPad platform and iBookstore the ability to?sell its eBooks directly to consumers, rather than dealing only with a single dominant buyer,?Amazon. It offered eBook consumers who had no interest in owning a Kindle eReader a new?platform to obtain and read eBooks. Apple’s entry also provided new opportunities for self publishing?and smaller publishing houses. Apple is not privy to Amazon’s motivations when it?adopted the agency model, but enabling entry and introducing new competition, which is all?Apple did, cannot be a violation of the antitrust laws.

Apple Inc announced on Friday a first-of-its-kind investment fund in China to connect suppliers with renewable energy sources.

Arfa Karim. Photo via Dan DeLong of the Seattle P-I

Apple Inc’s fiscal first-quarter earnings reveal that the company’s struggles in China and in its critical iPhone business will continue, while analysts say the tech bellwether could reduce prices to remedy the situation.