Nowhere. That’s right, nowhere.
If that comes as a surprise to
Is that an aberration, or bad weighting criteria that favors a young versus an established technology company?
Possibly either. But Apple is way down on the patent list, which is topped by
I wouldn’t go that far. It may be too early for such declaration. At least, Wall Street -- and consumers -- seems to think so.
Apple topped last year’s Barron’s list of the World’s Most Respected Companies among institutional investors—beating
Apple’s re-claim of a position at the top of the list reflects a strong rebound in the company’s stock, and is a vote of confidence for the company’s leader Timothy Cook.
Apple received high marks among institutional investors in all five categories surveyed: strong management, sound business strategy, ethical business practices, competitive edge, and revenue and profit growth.
Apple’s Key Financial Metrics
Forward PE | 13.11* |
Operating Margin | 30.15% |
Qtrly Revenue Growth (yoy) | 27.10% |
Qtrly Earnings Growth (yoy) | 32.70% |
Source: Finance.yahoo.com
Institutional investors praised Apple for its stockholder friendly policies -- like a boost in its stock buy back program, and an increase in its quarterly dividend. Their praise for Apple follows an on-going vote of confidence from consumers that has helped the company make it to the top of Forbes Most Powerful Brands list and Interbrand’s list.
“Apple has appeared on Interbrand’s Best Global Brands ranking since 2000, when the ranking debuted,” states the Interbrand report. “In 2000, Apple ranked #36 and had a brand value of USD $6.6 billion. Today, Apple’s brand value is USD $98.3 billion– almost 15 times the amount of its brand value in 2000. Apple’s meteoric rise in brand value can be attributed to the way it has created a seamless omnichannel experience for customers. By keeping consumers at the center of everything it does, Apple is able to anticipate what they want next and break new ground in terms of both design and performance.”
That’s why Wall Street is so anxious about Apple’s next big thing.
Will Apple live to its past reputation?