Tech firms dominate Fortune 500

JEFF BEZOS, CHIEF EXECUTIVE OFFICER OF AMAZON. PHOTO | AFP 

Technology companies dominated this year's Fortune 500 list released on Monday, with Apple, Amazon, Alphabet, Microsoft and IBM, among others, all in the top 50.

Apple dropped from last year's No.3 to the fourth place despite a 6 percent gain in annual sales, but it led the way in profits with more than $48 billion (about Sh4.8 trillion) in net income, according to the list.

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Note: The results are not exact but very close to the actual.