Fortune Names Apple World’s Most Admired Company for the Sixth Year in a Row

In its annual rankings, Fortune magazine has named Apple the world’s most admired company for the sixth year in a row. Fortune calls Apple “a financial juggernaut,” citing Apple’s $13 billion in net income last quarter — earnings that made it the most profitable company in the world during that period. The magazine also applauds Apple’s “fanatical customer base” and the unprecedented success of the iPhone and iPad product lines.