MacNN | Apple retains top spot in Fortune 'Most Admired Companies'
Mac News Network View: Standard | Headlines | Categorized | Slim
Mac News Network
Mac News iPod News Reviews Forums
 

Desktop Headlines
Apple retains top spot in Fortune 'Most Admired Companies'
Thursday, February 28, 2013 @ 12:40pm

For a sixth year in a row, Apple has claimed the top position in Fortune's annual World's Most Admired Companies list. The chart is based on a poll of executives. "Apple has had a rough time lately with its stock price in a free fall and the widely publicized failure of its Maps feature," Fortune writes. "However, it remains a financial juggernaut, posting $13 billion in net income last quarter, making it the most profitable company in the world during that period. The company has its fanatical customer base, and it still refuses to compete on price, making the iconic iPhone and iPad products that are still widely seen as prestige devices. Competition may be stiff, but so far it remains behind: In Q4 2012, the iPhone 5 was the world's best selling smartphone, followed in second place by the iPhone 4S."



Two other high-tech companies, Google and Amazon, are in second and third behind Apple. The remainder of the top 10 includes Coca-Cola, Starbucks, IBM, Southwest Airlines, Berkshire Hathaway, Disney, and FedEx.

Comments on this Article
Print Friendly Version
Email to a Friend
Add MacNN to Your RSS Feeds
Buy from the Apple Store


Related Stories:

Today's MacNN Stories:

  • Holiday Gift Guide -- gifts for gamers - 11:39 AM EST
  • Apple's Russian online store returns with major price hikes - 11:03 AM EST
  • Staples confirms attack on retail system, over 1M credit cards stolen - 10:35 AM EST
  • Disney World to begin accepting Apple Pay on Christmas Eve - 10:09 AM EST
  • Crowdfunding Critic: Codename Morningstar iOS roleplaying assistant - 9:43 AM EST
  • Public gets new beta of OS X 10.10.2 - 8:59 AM EST

    Today's iPodNN Stories:
  • Fox News channels pulled from Dish Network as negotiations fail - 7:33 AM EST
  • Briefly: LG G2 Android Lollipop leak, Virgin Atlantic free tablets - 6:03 AM EST
  • Halo studio giving ODST, free month of Live to compensate for issues - 10:00 AM EST
  • Briefly: Always-on voice search on Chrome OS, Amazon 4K video in UK - 9:22 PM EST
  • Google posts response to leaked Sony 'Project Goliath' emails - 4:41 AM EST
  • No comments posted on this story yet. Please post yours.
    Your Comments
    In order to post comments, you must be a registered member of the MacNN Forums and logged in. Please login with your MacNN Forums username and password.

    MacNN Forums Login:

    MacNN Forums Password:

    Not a member of the MacNN forums? Register now for free.