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:
- 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