Apple Inc. (NASDAQ:AAPL) has still got its mojo, at least according to Fortune. Apple Inc. (NASDAQ:AAPL) came out on top of Fortune’s 2014 “Most Admired Company” rankings for the seventh year in a row, topping Amazon.com, Inc. (NASDAQ:AMZN), Google Inc (NASDAQ:GOOG) and Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) in the second through fourth spots on the list.
2013 was another very good year for California-based Apple Inc. (NASDAQ:AAPL). They not only introduced two new phones (the iPhone 5C and iPhone 5S), but also launched a new OS (iOS 7) and began their long-awaited move into the Chinese market. It was, however, not a very profitable year for shareholders, with the stock price drifting down most of the year, but eventually getting back to just about where it started the year.
It should be noted that this “most admired” list does not reflect general public opinion. Fortune’s annual “Most Admired Company” ranking is determined from an initial list of 1,400 well-known companies. Then the companies on the initial list are ranked by conducting surveys with 3,920 participants comprised of executives, directors and financial and equities analysts.
Apple tops “Most Admired Companies”
The complete Fortune 2014 Most Admired Company top 10 list is presented below.
- Apple Inc. (NASDAQ:AAPL)
- Amazon.com, Inc. (NASDAQ:AMZN)
- Google Inc (NASDAQ:GOOG)
- Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B)
- Starbucks Corporation (NASDAQ:SBUX)
- The Coca-Cola Company (NYSE:KO)
- The Walt Disney Company (NYSE:DIS)
- FedEx Corporation (NYSE:FDX)
- Southwest Airlines Co (NYSE:LUV)
- General Electric Company (NYSE:GE)
Changes to this year’s list
One major change in the 2014 rankings over the 2013 rankings is Google and Amazon switching places, with Amazon supplanting Google for second place this year. Another significant change of note is that IBM dropped completely out of this year’s top 10, ending up in 16th place.
Other well-known companies on the list include shoe maker Nike Inc (NYSE:NKE) (No. 13), Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) (No. 21), software giant Microsoft Corporation (NASDAQ:MSFT), (No. 24), Facebook Inc (NASDAQ:FB) (No. 38), eBay Inc (NASDAQ:EBAY) (No. 44) Intel Corporation (NASDAQ:INTC) (No. 47) and telecom titan AT&T Inc. (NYSE:T) at the bottom of the rankings at No. 50.