For the second year running, Apple has been named Barron’s most respected company in an annual survey of money managers.
Those managers — buoyed by Apple’s record-high stocks and its success in displacing Microsoft as the world’s most valuable tech company — made big money from Apple in 2010, as the stock shot up almost sixty percent.
But it’s more than about money: Apple is also iconic. The iPad, iPhone 4, new MacBook Air, new AppleTV and redesigned iPod nano made Apple’s product porfolio more distinctive than ever.
No wonder Barron’s keeps on handing this award to Apple. I just wonder how many years in a row have to go by before Barron’s decided to rename their most respected company distinction to the “Apple Award for Excellence/”