Apple named “Most Admired Company”

Apple was named by Fortune as the world’s most admired company in 2011

Apple logo

Apple took the top spot in a recent Fortune list of the world’s most admired companies, beating out rivals Google and Amazon to claim the title for a fifth consecutive year.

“To say it was another big year for Apple would be a gross understatement,” said Fortune. “With the passing of Steve Jobs, questions swirled around the company’s future. But under new CEO Tim Cook’s guidance, Apple continues to prosper.”

The electronics giant experienced a record sales quarter at the end of 2011, and continues to enjoy impressive growth. It recently boosted its market cap to over $500 billion, making it the most valuable company in the world right now.

Companies that rounded off the top 10 in order were: Google, Amazon, Coca-Cola, IBM, FedEx, Berkshire Hathaway, Starbucks, Procter & Gamble and Southwest Airlines.

Read the full story at: Boy Genius Report.

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