Apple is Fortune’s Most Admired Company For 11th Straight Year

[Maura]

9to5 Mac reports today that Apple has just been proclaimed the most admired company in the world by Fortune for the 11th year in a row. In contrast, Samsung dropped off the list last year after its exploding batteries issue, and hasn’t returned this year. The remaining companies joining Apple in the Top 10 are: Amazon, Alphabet, Berkshire Hathaway, Starbucks, Walt Disney, Microsoft, Southwest Airlines, FedEx, and JPMorgan Chase.

Other companies further down the Top 50 include Netflix, Facebook, Salesforce, IBM, Accenture, Intel, and AT&T.

Here’s what Fortune had to say about how it picked the winners this year:

“To select our 50 All-Stars, Korn Ferry asked 3,900 executives, directors, and securities analysts who had responded to the industry surveys to select the 10 companies they admired most. They chose from a list made up of the companies that ranked in the top 25% in last year’s surveys, plus those that finished in the top 20% of their industry. Anyone could vote for any company in any industry.”

Apple came top in all nine of Fortune’s “key attributes of reputation,” namely:

• Innovation
• People Management
• Use of Corporate Assets
• Social Responsibility
• Quality of Management
• Financial Soundness
• Long-Term Investment Value
• Quality of Products/Services
• Global Competitiveness 1

Source: Apple enters second decade heading Fortune’s list of the world’s most admired companies