Fortune 500 rank: 17
2011 profit: $25.9 billion

When it comes to profits, Apple continues to blow all other tech companies out of the water. The company raked in just under $26 billion in profits in 2011, an 85% jump from the previous year.

IPad and related product sales reached $20.4 billion in 2011, a staggering 311% increase from the previous year's results.

There were, however, a few sales setbacks to what was otherwise a great year for the company. IPod net sales decreased by $821 million, or 10%, during 2011 compared to the previous year.

By Caitlin Keating, reporter - Last updated May 07 2012: 10:59 AM ET