Apple tops list of 'world's most admired companies' for 10th straight year

Apple tops list of 'world's most admired companies' for 10th straight year
PHOTO: AFP, Reuters, The Straits Times

Singapore Airlines has been named one of the 50 most admired companies in the world, according to a list compiled by wealth magazine Fortune.

The carrier, which was ranked 33rd, was the only Singapore company to make the top 50.

Tech giant Apple set a new record, topping the "world's most admired companies" list for the 10th year in a row.

The ranking is based on votes from 3,800 executives, directors, analysts, and experts in a survey organised by Fortune and Korn Ferry Hay Group.

The candidates for the top 50 most admired companies list, which is called the 50 All-Stars, were all ranked in the top 25 per cent of last year's surveys and those shortlisted were in the top 20 per cent of their industry this year.

The top companies in each industry were selected by voters from the 680 highest-revenue companies in 51 industries, 28 countries, according to nine criteria including investment value, quality of management, products, social responsibility and ability to attract talent.

The original 1,500 candidates eligible for the survey included 1,000 largest US companies in terms of revenue and 500 international companies with revenue over $10 billion in Fortune's Global 500 database.

Amazon.com and Starbucks were in the top three, followed by Berkshire Hathaway and Disney.

Read also: SIA stewardess praised for helping elderly diabetic woman on flight

Here's the complete top 10 (starting at number 9 as it was a tie).

9. Microsoft

Industry: Computer software

9. Facebook

Industry: Internet services and retailing

8. Southwest Airlines

Industry: Airlines

7. General Electric

Industry: Industrial machinery

6. Alphabet

Industry: Internet services and retailing

5. Disney

Industry: Entertainment

4. Berkshire Hathaway

Industry: Insurance - property and casualty

3. Starbucks

Industry: Food services

2. Amazon.com

Industry: Internet services and retailing

1. Apple

Industry: Computers

Read also: Top 10 firms to work for in Singapore revealed: Study

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