Apple, as we know it, is one the best companies in the world. And we are not talking only about tech based companies here. The Cupertino based tech giant, along with many other companies such as Google, Ferrari, Lamborghini, and others, is considered as one of the best places to work at. People consider themselves lucky to be hired by the company, and some people make it the goal of their life to work at Apple, believe me, I have friends like that.
But to what extent is all this true? Well, it turns out that a lot of people think like this. Fortune has released its list of World’s Most Admired Companies. The company releases this list every year. And guess what, Apple is at the top of the list again, for the sixth time in a row. Yes, Apple has been considered the world’s most admired company for six years in a row. And it is actually the most profitable company as well. In the last quarter of the last year, the company made $13 billion as the net income, and that is just huge money.
Fortune polls a set of corporate executives, directors, and analysts and comes up with this list of the companies. The poll will be done based on various categories such as innovation, use of corporate assists, Long-term investment, Quality of products/services, and so on. Anyway, Fortune writes:
Apple has had a rough time lately with its stock price in a free fall and the widely publicized failure of its Maps feature. However, it remains a financial juggernaut, posting $13 billion in net income last quarter, making it the most profitable company in the world during that period. The company has its fanatical customer base, and it still refuses to compete on price, making the iconic iPhone and iPad products that are still widely seen as prestige devices. Competition may be stiff, but so far it remains behind: In Q4 2012, the iPhone 5 was the world’s best selling smartphone, followed in second place by the iPhone 4S.