For the fourth year in a row it was Apple named "the most admired company in the world" by Forbes Magazine. Apple was extremely successful in 2010, succeeding in revolutionizing the tablet PC market by launching the iPad, and released the iPhone 4 a few months later. The 2 iDevices generated tens of billions of dollars in revenue for Apple and 2010 will soon be forgotten because 2011 promises to be even more spectacular as yesterday Apple released what will be the most desired device of the moment , iPad 2 which will be followed in the summer by iPhone 5.
For the fourth straight year, Apple tops Fortune's Most Admired list. The company's blistering pace of new product releases has continued to set the bar high for tech companies across the board.
Apple took a stock hit when iconic CEO Steve Jobs announced in January that he'd be taking a second medical leave, two years after receiving a liver transplant during a six-month sabbatical. But Jobs assured the market in the company's recent earnings report that Apple was still "firing on all cylinders."
Those from Forbes praise the way in which Apple managed to maintain the tradition of launching new products a year apart from the old ones, products that have international recognition and bring billions of dollars to the company's accounts. Forbes made a list of 50 of the most powerful companies in the world and ranked Apple in first place with an average score of 1 points, the companies being judged on various criteria. The fact that Steve Jobs reappeared last night to present the iPad 8.16 gave confidence to investors that Apple remains strong, is still under the leadership of a visionary who propelled it to the top of the best companies in the world.
