Fortune

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Today in Apple history: Fortune names Steve Jobs ‘CEO of the decade’

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Steve
Steve Jobs was rounding out a brilliant 10 years at Apple.
Photo: Stanford University

November 5: Today in Apple history: Fortune magazine names Steve Jobs CEO of the decade November 5, 2009: Fortune magazine names Steve Jobs “CEO of the decade.” The accolade comes just four months after Jobs returned to Apple after undergoing a liver transplant.

The business publication credits Jobs with transforming multiple industries, as well as continuing Apple’s meteoric rise. These achievements seem particularly noteworthy considering the tough economic conditions of the 2008 financial crash.

Apple is ‘most admired’ company for record 12th year in a row

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Apple adds 5 new vice presidents to its executive lineup
It turns out that every other company exec wants to be Apple.
Photo: Lyle Kahney/Cult of Mac

For the twelfth year in a row, Fortune has ranked Apple number one in its list of “most admired” companies.

Despite Apple’s iPhone-lead decline in recent months, the publication considers that Apple has beaten the opposition in nine different criteria. These include 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.

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

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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.

Angela Ahrendts named one of world’s most powerful women

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Angela Ahrendts.
Angela Ahrendts at the iPhone X keynote.
Photo: Apple

Apple’s boss of retail is finally getting some recognition for her large role at the world’s most powerful tech company.

In its latest rankings of the most powerful women in business, Fortune has placed Angela Ahrendts in the top 20 of influencers, raising her up one spot from last year and putting her ahead of executives at companies like Google, JP Morgan Chase, Microsoft, and Boeing.

Tim Cook reveals how Apple thinks different about charity

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Tim WWDC
Apple CEO Tim Cook at WWDC 2017.
Photo: Apple

After Apple ranked third in Fortune’s annual list of companies that Change the World, Tim Cook sat down for a wide-ranging interview to discuss how Apple is making a dent in the universe now.

The Apple CEO talked about everything from education and health initiatives to how Cupertino thinks different about charity. He also revealed that some of Apple’s research and development regarding health and wellness won’t ever be about making money.

Here are some of the highlights:

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

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Apple is worth more than the entire US energy sector combined
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?

Fortune: We love you more than ever, Apple

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Can you feel the love tonight? Photo: Jacob Adaya
Can you feel the love tonight? Photo: Jacob Adaya

Apple has once again been named Fortune’s “most admired” company. Having won for the past seven years in a row — and then proceeded to shatter its own records throughout 2014 — it’s no surprise that Cupertino would take the no. 1 spot, but it’s yet another reminder of Apple’s current sustained dominance.

Google, meanwhile, increased its position by one place, versus last year, to take the no. 2 spot, while Amazon fell back a couple of places to no. 4. Microsoft, IBM and Facebook all failed to make the top 10.

Apple’s Luca Maestri named most admired CFO

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Everybody loves Luca. Photo: Apple
Everybody loves Luca. Photo: Apple

Luca Maestri controls the purse strings of the most profitable company in the world, so it’s no wonder why he was just named the most admired CFO in the world.

Apple’s money man won nearly one in four votes among top Fortune 500 CFO’s of the world in Model N’s annual rankings. His company announced last week that it made more profits in the last three months than any company in history.

Gold iPhone 5S For Chinese Market? It Wouldn’t Be Very Popular [Chart]

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If you believe recent scuttlebutt, one of the reasons Apple is looking to release a gold iPhone 5S later this year is because gold is a color that sells really well in China. Is that supposition even remotely true though? If it is, it should be quantifiable.

Fortune’s Philip Elmer-DeWitt went looking for data to see if Chinese buyers really do like gold. Data’s actually pretty slim, but if the cars Chinese consumers buy are any concern, not only is gold not their favorite color… it’s only slightly more popular than puke green.

Analysts Estimate iPad Sales Have Slowed To 18.1 Million In Q3 2013

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ipadsales

 

 

After refreshing its iPad lineup in the fall last year, rather than summer, Apple set itself up to go through a June quarter without a new iPad launch for the first time since it was introduced in 2010.

With Apple’s Q3 2013 quickly approaching on July 23rd, analysts have already begun to make their iPad sales estimates, and to no one’s surprise, YOY growth has slowed to a crawl in Q3 2013.

Apple Moves Up To 19 In Fortune Global 500 Survey

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Apple logo
A former Apple lawyer faces criminal insider trading charges.
Photo: Cult of Mac file

Apple has moved up to number 19 in the latest Fortune Global 500 survey thanks to its financial performance throughout 2012, which saw the Cupertino company collect $157 billion in revenue. The iPhone 5 and the iPad mini have been credited for its success over the past 12 months.

Apple Ranks #6 On Fortune 500

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Last year, Apple was ranked 17th in Fortune’s annual list of public U.S. corporations as ranked by their gross revenue. This year? Despite Wall Street skepticism that has seen share prices tumble, Apple is now ranked number 6 in the Fortune 500. Boom.

Apple Will Need To Make A Low End iPhone If They Want To Win China

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fortunechinaapple

While Tim Cook has been CEO, Apple’s stock price has been soared into the stratosphere. Some believe Apple’s incredible growth is bound to plummet in the near future because, come on, how many more iPhones and iPads can they really sell to their U.S. and European customers?

In a new story for Fortune, Bill Powell argues that the sky’s still the limit for Apple, they just have to win in China. But Apple – with all its power and iconic devices that consumers lust for – is actually an underdog in the battle to win the Chinese handset market, and they’re going have to learn some new tricks if they hope to beat Samsung and others.

Apple Is The 8th Fastest-Growing Company In The World

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Apple Store in Hong Kong show support for World AIDS Day.
Apple Store in Hong Kong show support for World AIDS Day.
Photo: Catherine Loh/

Apple’s stock price has continued to rise the last couple of weeks making it the most valuable company in the world, and debatably the most valuable company ever. Some might think that Apple can’t sustain those numbers over the long-term, but right now their prospects are looking great.

The scary thing – if you’re an Apple competitor – is that even though Apple is huge right now, it’s still growing. Fortune released their list of the 100 fastest-growing companies in the world today, and Apple came in at #8 while competitors like Google and Samsung didn’t even make the list.

Former Apple Retail Chief Ron Johnson Explains Why People Pay More For Apple Products

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ronjohnson

When Ron Johnson left Target to become Apple’s Retail Chief in 2000, people thought he was absolutely nuts. Apple was in danger of going out of business, and other PC manufacturers like Gateway were closing their retail locations. Johnson ignored all the warning signs because he says he saw that Apple was about to be a huge part of the digital revolution. He also recognized that Apple offered consumers something other companies couldn’t – amazing products and an incredible retail experience.

In a recent interview at Fortune Conferences, Johnson explained why customers choose to come to the Apple store to buy their products when they could get them on Amazon or Best Buy for a lot cheaper:

This Week’s Must-Have iOS Apps: UX Write, Simpsons Comics, Spacecraft 3D & More [Roundup]

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Bongo's Simpsons Comics make their debut on iOS, NASA teaches us about spacecraft, Apple lets us manage our torrent downloads, and more.
Bongo's Simpsons Comics make their debut on iOS, NASA teaches us about spacecraft, Apple lets us manage our torrent downloads, and more.

Kicking off this week’s must-have apps roundup is an incredible word processor called UX Write, which makes working with large, complex documents on the go a breeze. You’ll also find Simpsons Comics, the latest app from comiXology that brings Bongo’s Simpsons library to iOS; a wonderful app from NASA that allows you to get up close and personal with the spacecraft used to explore our solar system, and more.

Steve Jobs Declared The Greatest Entrepreneur Of Our Time

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jobs

For years businesses across the world have attempted to dissect Steve Jobs’ career to figure out what made him so incredibly brilliant and successful. Not only did he change the way we use technology, but he changed movies, music, retail shopping and more. His entrepreneur skills were some of the best the world has seen, which is why Fortune magazine declared Steve Jobs “The Greatest Entrepreneur of Our Time” in their ranking of the top 12 entrepreneurs of recent memory.

Apple Is Built On Secrets

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Fortune editor Adam Lashinsky’s book Inside Apple: How America’s Most Admired—and Secretive—Company Really Works will hit the shelves on January 25th, but that hasn’t stopped juicy tidbits of information from leaking out beforehand. An extended excerpt from the book hit the web today, and it reaffirms what we cultists already know: Apple is very, very secretive.

According to Lashinsky, Apple dances on the “link between secrecy and productivity” with excruciating precision. In fact, the only things Apple seems to prize more than its products are its secrets.

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