Sam Oliver
For the seventh year in a row, Apple has been deemed the "World's Most Admired Company," edging out rivals such as Amazon and Google to take first place in the 2014 rankings.
The annual list of the "most admired" companies on the planet was published on Thursday by Fortune. While Apple remained No. 1, there were a number of changes in the top 10, starting off with Amazon and Google swapping places, and now representing second and third place, respectively.
Following those two rivals was Berkshire Hathaway in fourth place, followed by coffee maker Starbucks in fifth. Coca-Cola fell from fourth to sixth in this year's rankings, followed by Walt Disney in seventh.
Rounding out the top 10 were FedEx, Southwest Airlines, and General Electric. One major electronics company that fell out of this year's top 10 was IBM, which dropped to No. 16.
Other notable brands in the rankings include Nike (No. 13), Samsung Electronics (No. 21), Microsoft, (No. 24), Facebook (No. 38), eBay (No. 44), and Intel (No. 47).
U.S. wireless provider AT&T barely cracked the list at No. 50, while its chief rival Verizon was not ranked.
Fortune's annual "most admired" ranking is whittled down from a starting list of 1,400 companies. Eligible corporations are ranked by conducting surveys with 3,920 correspondents comprised of executives, directors and analysts.
Malcolm Owen
Christine McKee
Andrew Orr
William Gallagher
53 Comments
AAPL tanks on the news.
Fortune quote: [quote]Google Google 3 Top 50 rank: 3 Rank in Internet Services and Retailing: 1 (Previous rank: 1) Overall score: 8.07 Ticker:GOOG Why it's admired: Though it dropped a spot to Amazon.com this year, Google continues to find ways to make life easier ([B]sometimes creepily so[/B]) via mind-blowing Internet products. It also seeks to blow minds with its innovative “moonshot projects,” like the production of driverless cars. Google, which saw revenues climb 22% in 2013, acquired among other things, a handful of robotics companies and Nest, the smart thermostat company last year. --E.F. [/quote]
This and other such titles like th JDPowers customer satisfaction top ranks awarded to Apple along with the Q1 2014 POZITIVE and ascending overall results, generate tanking of the stock....I'm simply lost. The stock market behaves too irrational. Nothing is rational anymore, just pure speculation.
[quote name="lkrupp" url="/t/162205/apple-retains-title-of-most-admired-company-for-7th-straight-victory#post_2478700"]AAPL tanks on the news. [/quote] And news like this is also troll bait, unfortunately.
Fortune quote:
Google 3
Top 50 rank: 3
Rank in Internet Services and Retailing: 1
(Previous rank: 1)
Overall score: 8.07
Ticker:GOOG
Why it's admired:
Though it dropped a spot to Amazon.com this year, Google continues to find ways to make life easier (sometimes creepily so) via mind-blowing Internet products. It also seeks to blow minds with its innovative “moonshot projects,” like the production of driverless cars. Google, which saw revenues climb 22% in 2013, acquired among other things, a handful of robotics companies and Nest, the smart thermostat company last year. --E.F.
I guess Fortune hates Google too!