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Apple Ranked as Most Admired Company in the World for 17th Year in a Row

Apple Ranked as Most Admired Company in the World for 17th Year in a Row

Apple has once again been named the most admired company in the world by Fortune magazine, the 17th year in a row Apple has sat atop the list. Microsoft and Amazon filled out the top three spots.

Fortune comes up with the list by looking at about 1,500 candidates. The list includes the 1,000 largest U.S. companies ranked by revenue. Also included are non-U.S. companies in Fortune’s Global 500 database that have revenues of $10 billion or more.

The publication then narrows the list to the highest-revenue companies in each industry, a total of 660. The top-rated companies were picked from that pool of 660; the executives who voted work at the companies in that group.

More than 3,700 executives, directors, and analysts were polled, rating each company in categories such as investment value, quality of management, and social responsibility.

According to Fortune, Apple scored first in social responsibility, financial soundness, innovation, and global competitiveness.

Apple received an overall score of 8.19, which is down from its score of 8.65 from the previous year.

Microsoft took the second spot overall while taking the top spot in the computer software industry.

Amazon slipped to third place, down a single position from last year. The company scored top marks in internet services and retail.