According to recent survey conducted by Fortune, Apple was the world’s most admired company, as noted by their polling of businesspeople. This is the fifth year in a row Apple has topped the list:
Why it’s admired:
To say it was another big year for Apple would be a gross understatement. With the passing of Steve Jobs, questions swirled around the company’s future. But under new CEO Tim Cook’s guidance, Apple continues to prosper.The company’s annual revenues climbed to $108 billion, led by an 81% increase in iPhone sales — a jump that doesn’t factor in the runaway success of the iPhone 4S — and a 334% spike in iPad sales, due in no small part to the revamped iPad 2. Increased sales across the board explain why shares soared 75% during the company’s fiscal year to $495.
Rounding out the top 5 was Google, Amazon, Coco Cola, and IBM. Samsung ranked 34th. With the iPad 3 set to debut next week, there’s no limit to how much bigger Apple will grow.
[via Fortune]
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