Tag - Fortune
Apple has risen from fifth place to third in Fortune's rankings of the top 500 corporations in the US, ending a two-year run at fifth place, and now trailing only Walmart and Exxon Mobil. This year, Apple move pushed Chevron and financial firm Berkshire Hathaway down to fourth and fifth. While Apple was out-earned by both Walmart ($482.1 billion) and Exxon ($246.2 billion), it remains the most profitable publicly-traded company in the world, with profits of $53.4 billion -- more than Walmart and Exxon's annual profits combined.
"There's a new AAA standard in corporate America," says Fortune magazine in its latest ranking of the "World's Most Admired Companies" -- "the one-two-three punch of Apple, Alphabet, and Amazon." For the ninth year running, Apple has topped the list, with Google's parent company close behind. Online retailer Amazon took third place, savvy investment firm Bershire Hathaway placed fourth, and entertainment giant Walt Disney rounded out the top five.
As it does every quarter, a collection of analysts from traditional Wall Street as well as independent firms have been rounded up by Fortune's Philip Elmer-Dewitt to put together a consensus estimate on Apple's iPhone sales for the fiscal third quarter for the company, which ended on June 30. While results will be officially reported by Apple in a week's time, the consensus already sets a record-breaking 49.4 million units marker for the quarter.
Fortune has released its annual list of top US companies, and Apple is again situated at number five on the list, following the same four companies it did last year: Walmart at the top of the list, followed by Exxon Mobil, Chevron, and financial firm Berkshire Hathaway. The listing, which prizes raw revenue over most other factors, noted however that Apple had the highest profits and market share value of any other company on the list.
For the eighth year running, Apple has again captured the title of "World's Most Admired Company," according to the annual survey from Fortune. The magazine had previously also honored Apple by naming it the world's most valuable brand; competitor Barron's had recently named it the world's most respected company. The award reflects the voting of some 4,104 executives, directors, and securities analysts.
Fortune has released its 17th annual list of the 50 Most Powerful Women in Business, with Apple's Angela Ahrendts making the top 30. The list, compiled by Fortune editors, produced the list with four criteria: the size and importance of the woman's business in the global economy, the health and direction of the business, the arc of their career, and social and cultural influence. Topping the list is Chairman, CEO and President of IBM Ginni Rometty, who in an interview with Fortune described IBM's recent partnership with Apple for developing services optimized for iOS and IBM support.
Analysts have continued to refine their expectations for Apple's latest quarter, with forecasts for iPhone shipments averaging 55.3 million units, according to a Fortune roundup. If the predictions prove accurate, the company's smartphones will have achieved 16 percent growth from the same quarter last year.
In Fortune magazine's annual list of the "100 Fastest Growing Companies," Apple has climbed 13 positions from its perch last year to the eighth position on 2012's list. The list is ranked by growth in revenue, profits, and stock price, and is a guide to "the most vibrant part of corporate America and beyond" according to Fortune.
Fortune Magazine released its annual Fortune 500 list of America's largest corporations, and Apple has zoomed up the list to the number 17 slot. The new ranking is a sizable improvement over its 35th -place ranking last year, but the iPad maker still ranks second in technology, behind Hewlett-Packard.
A new study from Good Technology (PDF) has suggested that the iPad was not only the leading tablet in enterprise but that it was gaining over Android in the workplace. Apple's tablet made up over 95 percent of the activations on Good's service where Android dropped down to 3.1 percent. Good attributed it both to Apple's much more established deployments in business as well as a greater likelihood that anyone bringing a tablet of their own would choose an iPad.
Now AAPL Stock: 143.65 ( -0.14 )
Cirrus creates Lightning-headphone dev kit
Apple supplier Cirrus Logic has introduced a MFi-compliant new development kit for companies interested in using Cirrus' chips to create Lightning-based headphones, which -- regardless of whether rumors about Apple dropping the analog headphone jack in its iPhone this fall -- can offer advantages to music-loving iOS device users. The kit mentions some of the advantages of an all-digital headset or headphone connector, including higher-bitrate support, a more customizable experience, and support for power and data transfer into headphone hardware. Several companies already make Lightning headphones, and Apple has supported the concept since June 2014. http://bit.ly/29giiZj
Apple Store app offers Procreate Pocket
The Apple Store app for iPhone, which periodically rewards users with free app gifts, is now offering the iPhone "Pocket" version of drawing app Procreate for those who have the free Apple Store app until July 28. Users who have redeemed the offer by navigating to the "Stores" tab of the app and swiping past the "iPhone Upgrade Program" banner to the "Procreate" banner have noted that only the limited Pocket (iPhone) version of the app is available free, even if the Apple Store app is installed and the offer redeemed on an iPad. The Pocket version currently sells for $3 on the iOS App Store. [32.4MB]
Porsche adds CarPlay to 2017 Panamera
Porsche has added a fifth model of vehicle to its CarPlay-supported lineup, announcing that the 2017 Panamera -- which will arrive in the US in January -- will include Apple's infotainment technology, and be seen on a giant 12.3-inch touchscreen as part of an all-new Porsche Communication Management system. The luxury sedan starts at $99,900 for the 4S model, and scales up to the Panamera Turbo, which sells for $146,900. Other vehicles that currently support CarPlay include the 2016 911 and the 2017 models of Macan, 718 Boxster, and 718 Cayman. The company did not mention support for Google's corresponding Android Auto in its announcement. http://bit.ly/295ZQ94
Apple employees testing wheelchair features
New features included in the forthcoming watchOS 3 are being tested by Apple retail store employees, including a new activity-tracking feature that has been designed with wheelchair users in mind. The move is slightly unusual in that, while retail employees have previously been used to test pre-release versions of OS X and iOS, this marks the first time they've been included in the otherwise developer-only watchOS betas. The company is said to have gone to great lengths to modify the activity tracker for wheelchair users, including changing the "time to stand" notification to "time to roll" and including two wheelchair-centric workout apps. http://bit.ly/2955JDa
SanDisk reveals two 256GB microSDXC cards
SanDisk has introduced two 256GB microSDXC cards. Arriving in August for $150, the Ultra microSDXC UHS-I Premium Edition card offers transfer speeds of up to 95MB/s for reading data. The Extreme microSDXC UHS-I card can read at a fast 100MB/s and write at up to 90MB/s, and will be shipping sometime in the fourth quarter for $200. http://bit.ly/294Q1If
Apple's third-quarter results due July 26
Apple has advised it will be issuing its third-quarter results on July 26, with a conference call to answer investor and analyst queries about the earnings set to take place later that day. The stream of the call will go live at 2pm PT (5pm ET) via Apple's investor site, with the results themselves expected to be released roughly 30 minutes before the call commences. Apple's guidance for the quarter put revenue at between $41 billion and $43 billion. http://apple.co/1oi1Pbm
Twitter stickers slowly roll out to users
Twitter has introduced "stickers," allowing users to add extra graphical elements to their photos before uploading them to the micro-blogging service. A library of hundreds of accessories, props, and emoji will be available to use as stickers, which can be resized, rotated, and placed anywhere on the photograph. Images with stickers will also become searchable with viewers able to select a sticker to see how others use the same graphic in their own posts. Twitter advises stickers will be rolling out to users over the next few weeks, and will work on both the mobile apps and through the browser. http://bit.ly/29bbwUE