Foxconn trumps Apple
Contract manufacturer Foxconn (iPhone manufacturer from Taiwan) has beaten Apple Inc in the Fortune 500 rankings of global companies by revenue.
http://www.theregister.co.uk/2012/07/12/fortune_500_foxconn_apple_profits/
Reminds me of Lenovo a Chinese manufacturer who went from building PC's for IBM to buying IBM's PC business.
Higher management has a role in both cases.