Tech Giants Dominate the List of World’s Most Admired Companies

Tech giants continued to ‘rule’ the world in the midst of a global pandemic as most individuals sought to connect, entertain and feed in a time of isolation. Apple, Amazon and Microsoft dominated the top three spots in the Fortune’s rank of corporate reputation.

Apple continued to top the list for the 14th year in row. According to the Fortune, the poll was sampled from 3800 corporate executives, directors and analysts. The latest statistics indicate how significant the technology companies were during the Covid-19 pandemic.

The surging quest for entertainment saw the streaming juggernaut Netflix return to the top 10 roster. Chip maker Nvidia, Fintech innovator Paypal and medical supplier Abott Laboratories made their first appearance in the top 50 list.

Big-box giant Walmart and Target exhibited exemplary performance, and were ranked position 11 and 17 respectively.

Apart from Apple, Amazon and Microsoft, the following companies appeared in the top 10 list: Walt Disney (No.4), Starbucks (No.5), Berkshire Hathway (No.6), Alphabet (No.7), JPMorgan Chase (No.8), Netflix (No.9) and Costco Wholesale (No.10).

Most of the Companies that topped the list are based in the United States of America (USA). The first non-US company, Unilever, was raked at position 30 followed by Toyota Motor from Japan, which was ranked at position 31.

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