Apple has regained a place in the Financial Times 500 list.

The list shows the 500 most valuable companies in the world - and Apple has reentered that chart in 159th place - making the Cupertino-based company "more valuable than BT", according to the report.

This also means that Apple may be able to leverage its new position to represent itself as a company other Top500 firms can consider buying from, the report speculates.

"Single-minded as ever, Steve Jobs has confounded critics once again with the runaway success of the iPod, catapulting Apple from nowhere to 159th on the FT Global 500", the report states.