Boston, MA 06/30/2014 (wallstreetpr) – Apple Inc. (NASDAQ:AAPL) has topped this year’s list of the World’s Most Respected Companies by Barron’s. According to a report published over the weekend, the iPhone maker beat Warren Buffet’s Berkshire Hathaway Inc. (NYSE:BRK.A), Boeing Company (NYSE:BA) and Google Inc (NASDAQ:GOOG) as the most respected company among institutional investors.
The latest development in the company’s view among institutional investors reflects a reflect confidence in the leadership of the CEO Tim Cook, who has done so much to give consumers and investors every good reason to stick with the company.
The Barron’s ranking focused on five categories where Apple appears ahead of peers. The categories include strong management, ethical business practices, sound business strategy, competitive edge and revenue and profit growth. Based on these five areas, big investors believe the company works in their best interest.
Rebound of Apple
Apple Inc. (NASDAQ:AAPL), which is best known as the world’s most secretive consumer electronics company was last year dogged with concerns that the company was losing the market share war to archrival Samsung Electronics. However, the company appears to have proven critics wrong in that it continues to expand market share and even its profits and stock price have been on an increasing trend.
Secretive Apple speaks to investors
Although Apple Inc. (NASDAQ:AAPL) keeps its product pipeline and business strategies close to its chest, the company has a commendable shareholder policy, which includes timely updates, stock repurchase program and increase in quarter dividend.
The company keeps its business strategy close to its chest in apparent efforts to avoid putting ammunition in the hands of its rivals. Nonetheless, a few things get to leak about the company like in the present case whereby the company is expected to launch a fresh line of smartphone later this year. The company has already moved to offer heavy discounts on older iPhones, which is a strategy that precedes the launch of new products by Apple Inc.
In addition to the latest vote of confidence among institutional investors, Apple Inc. (NASDAQ:AAPL) also stands at the top of the world’s most recognizable brands according to Interbrand’s Best Global Brands.