Apple tops Fortune's Most Admired Companies list for 2010 Buzz this

Posted by Prasada Martala Mar 4, 2010

For the third time, Apple Inc., has been ranked the most admired company in the world by Fortune's 2010 annual rankings. The iPod and Mac maker ranked top in five of the nine key areas considered for the rankings. The annual rankings list companies based on their Innovation, People management, Use of corporate assets, Social responsibility, Quality of management, Financial soundness, Long-term investment, Quality of Products/Services and Global competitiveness.

Internet search giant Google ranked second in the list. Other technology and Consumer Electronics companies from the 50 most admired companies list include Amazon.com (5), Microsoft (11), IBM (15), Cisco Systems (20), Intel (31), Hewlett-Packard (32), Sony (38), eBay (40), Nokia (41), Samsung Electronics (42) and AT&T (45).

With 250 million iPods, 43 million iPhones, and 32 million iPod touches sold to date, plus the announcement of iPad tablet, Apple changed the way music is distributed and consumed in digital age. Cupertino, Calif., based Apple also ranked third in BusinessWeek's fourth annual Customer Service Champs 2010.


Rank

Company

Industry
1 Apple Computers
2 Google Internet Services and Retailing
3 Berkshire Hathaway Insurance: Property and Casualty
4 Johnson & Johnson Pharmaceuticals
5 Amazon.com Internet Services and Retailing
6 Procter & Gamble Soaps and Cosmetics
7 Toyota Motor Motor vehicles
8 Goldman Sachs Group Megabanks
9 Wal-Mart Stores General Merchandisers
10 Coca-Cola Beverages
11 Microsoft Computer Software
12 Southwest Airlines Airlines
13 FedEx Delivery
14 McDonald's Food Services
15 IBM Information Technology Services
16 General Electric Electronics
17 3M Medical and Other Precision Equipment
18 J.P. Morgan Chase Megabanks
19 Walt Disney Entertainment
20 Cisco Systems Network and Other Communications Equipment
21 Costco Wholesale Specialty Retailers
22 Target General Merchandisers
23 BMW Motor vehicles
24 Nike Apparel
25 PepsiCo Consumer Food Products
Source: FORTUNE on CNNMoney.com


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