Apple tops list of most admired companies for 10th year running

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Fortune likes a company with a fortune. Who would have thought it?
Photo: Ste Smith/Cult of Mac

Apple once again tops Fortune’s annual list of the world’s admired companies.

Other tech companies in the top 10 include Amazon (No. 2), Alphabet (No. 6), Facebook (No. 9) and Microsoft (No. 10). The company that’s nowhere in sight? Samsung, which is coming off a disastrous year in which its Note 7 smartphones exploded and had to be recalled.

For Apple, on the other hand, this marks the 10th year in a row at the top of the list. Do you think Tim Cook gets bored of winning at some point?

According to Fortune, the list is based on companyies’ industry ranking, innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value, quality of products and services, and global competitiveness.

While any list is going to be somewhat subjective, this one is at least thorough in how it’s put together. It starts with its creators looking at the 1,000 largest U.S. companies and others from its Global 500 database, then creating a shortlist based on revenue. After this, 3,800 business people and analysts weigh in, offering their rankings based on the above criteria.

Having just hit its highest share price ever, we guess it’s a good time to be Apple! You can check out the rest of the list here.

Via: 9to5Mac