Apple is Fortune‘s most admired company for 11th year running


Apple is worth more than the entire US energy sector combined
Apple's had quite a year!
Photo: Ste Smith/Cult of Mac

Apple has topped Fortune’s annual list of the world’s admired companies for a record eleventh year in a row.

Other tech companies in the top 10 include Amazon (which retained its no. 2 position), Alphabet (at no. 3), and Microsoft (no. 7). Berkshire Hathaway, Starbucks, Disney, Southwest Airlines, FedEx, and JPMorgan Chase & Co. rounded off the rest of the list.

Fortune‘s list started out with a list of 1,500 candidates, comprising the 1,000 largest U.S. companies ranked by revenue, along with non-U.S. companies in Fortune’s Global 500 database with revenues of $10 billion or more. This list was then pared down to the highest revenue companies in each industry, making up a total of 680 in 29 countries.

Finally, a top 50 list of “all-stars” was created by asking 3,900 executives, directors, and securities analysts to select the 10 companies they admired most. They chose from a list made up of the companies that ranked in the top 25 percent in last year’s surveys, plus those that finished in the top 20 percent of their industry. Anyone could vote for any company in any industry.

There’s no doubt that Apple has just completed a spectacular year, in which it passed the $900 billion valuation mark and now looks set to challenge to become the world’s first $1 trillion company. Dominating in a number of areas, and no longer purely reliant on the iPhone to set its share price, Apple couldn’t be in a better position.

Earlier this week, Apple also earned a spot on the first “Top 100 Global Technology Leaders” list from Thomson Reuters. Apple placed sixth behind rivals like Microsoft and Google, although it did beat out Amazon and Samsung. That list was based on a 28-factor algorithm which measured performance across eight benchmarks, including innovation, environmental impact, and reputation.

Which tech company is your most admired for 2017? Let us know in the comments below.

Source: Fortune