Apple is Barron's "most respected" company once again
Apple has returned to the top of Barron's annual list of "The World's Most Respected Companies" after being knocked out of the number one position by Berkshire Hathaway in 2013. Barron's complies their list from an annual survey of the 100 largest companies in the United States. The team from Cupertino has topped Barron's list for four out of the five years it has been published, but dropped from first to third place in last year's list.
This year Barron's had this to say about Apple:
The iEverything maker has reclaimed the throne with a flourish in 2014, its winning score leaving No. 2 Berkshire and other a blur in the rearview mirror.
In the past year Apple has made tremendous gains in its stock and shareholder dividends, and the consumer anticipation is high for the impending releases of the iPhone 6, updates for iOS and OS, and the rumored iWatch wearable device. Berkshire Hathaway came in second this year, with Boeing, Google, and Johnson & Johnson taking third, fourth, and fifth respectively.
