“Great reputations are hard to build, but it turns out they are also hard to lose. That’s why Fortune’s World’s Most Admired list, which ranks companies based on their reputation among other business leaders, shows such stability from year to year,” Alan Murray And Claire Zillman write for Fortune. “Top of the list this year, for the 11th year in a row, is Apple. No. 2, for the second year running, is Amazon. Alphabet, Berkshire Hathaway, and Starbucks fill out the top five.”
“But while reputations are hard to lose, it’s not impossible,” Murray and Zillman write. “GE dove out of the top ten this year, plummeting from No. 7 to No. 30. On the upside, both Adidas and Lockheed Martin broke into the top 50 for the first time.”
“Among company leaders, Mark Zuckerberg got most mentions as ‘the most overrated CEO,’ while Satya Nadella was voted ‘most underrated,'” Murray and Zillman write. “(Jamie Dimon and Elon Musk made top five on both lists!)”
Read more in the full article here.
MacDailyNews Take: Congrats, Apple. Here’s to a 12th straight year!
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Fortune’s 2017 World’s Most Admired Companies: Apple #1 – February 16, 2017
Get out! Everyone knows Amazon is America’s most admired company thanks to financial genius Jeff Bezos’ guidance and Alexa. I think it’s usually the CEO that makes a company what it is. Tim Cook should be way down on that list.
/s
I’ll be really surprised if Amazon doesn’t grab the top spot next year when Amazon’s value will likely pass Apple’s overall value. America’s wealthiest man and soon to be wealthiest company definitely go hand in hand. Just as iOS lost out to Android, Apple will certainly lose out to Amazon. Apple should never have let it happen but pre-emptive aggression against rivals just isn’t part of Apple’s DNA. Wall Street knows that much and is betting heavily on Amazon to displace Apple. I think it’s only going to take a year or so.
No one consulted me.