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Apple Tops Fortune's 'Most Admired Companies' List for Seventh Consecutive Year

bunchofpenguins said:
The fact that Amazon is #2, given the numerous human rights abuses that have occurred, is pretty sad.
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Oh lawdy.

You think Amazon being #2 is sad given the human rights abuses... yet you have no problem with Apple being #1? Are you absolutely kidding me? :rolleyes:
 
Fun fact

Wayne Rooney pays 5 times more tax than Amazon in the UK.

Some info on Amazon's general tax payments taken from the BBC News website.

Amazon's UK subsidiary paid £2.4m in corporate taxes last year, the online retailer's accounts show, despite making sales of £4.3bn.

The tax bill was almost as much as the £2.5m in government grants Amazon received over the same period, according to a Companies House filing.

Anyone who can justify that practise, by saying ohh there businesses is a fool.
 
SimonDK said:
From a UK perspective, Tax dodgers unite!

It is a shame that this is the most admired companies list in the world, when there is not one on the list that is not out for themselves big time.
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Out for themselves? Out for their shareholders. It's their responsibility to make as much money as legally possible for them. :D
 
SimonDK said:
JHankwitz said:
How else do you think you can get to the top? No one or thing can get to the top if that's not their primary goal.

Well my opinion is that if the top companies of the world paid the correct amount of corporation tax maybe the national debts of the major world economies might not be so bad.
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Apple houses a group of IRS agents full time, and it is their job to make sure that Apple pays taxes to the letter of the law. Recent investigations show that Apple has paid the correct amount of taxes. I think the problem is that we've elected a large group of lawmakers that create tens of thousands of pages of tax laws that benefit bigger government and cronyism. The best you, I, or any company can do is try to follow those laws.
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ksnell said:
Out for themselves? Out for their shareholders. It's their responsibility to make as much money as legally possible for them. :D
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Bravo :D

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JHankwitz said:
SimonDK said:
Apple houses a group of IRS agents full time, and it is their job to make sure that Apple pays taxes to the letter of the law. Recent investigations show that Apple has paid the correct amount of taxes. I think the problem is that we've elected a large group of lawmakers that create tens of thousands of pages of tax laws that benefit bigger government and cronyism. The best you, I, or any company can do is try to follow those laws.
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I fully agree with you, but lets not think that the companies don't have sway with the politicians.
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Berkshire Hathaway, FedEx, Southwest Airlines, General Electric, CostCo.

Is this list made just by American people?

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SimonDK said:
Fun fact

Wayne Rooney pays 5 times more tax than Amazon in the UK.

Some info on Amazon's general tax payments taken from the BBC News website.

Amazon's UK subsidiary paid £2.4m in corporate taxes last year, the online retailer's accounts show, despite making sales of £4.3bn.

The tax bill was almost as much as the £2.5m in government grants Amazon received over the same period, according to a Companies House filing.

Anyone who can justify that practise, by saying ohh there businesses is a fool.
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Both Google and Apple declared loses in Spain and had tax returns after record revenue
 
Rather ironic Apple is seen as leading the pack in corporate and social responsibility yet it's the company that most often gets bad press for environmental and manufacturing employee conditions and mishaps. Most other companies don't even try but get no flack for it either. Great example of how biased the various media outlets can be in how it selects who or what it wants to pick on. (Yes, there is not one "media," but pack journalism exists). This is not to say Apple is perfect, but rather there are more flawed (big important) companies that get a pass.
 
MrSmith said:
Look at the 'Nine key attributes of reputation'. None of them are about how the company helps people. I ADMIRE any nurse or doctor way more than any multi-billion dollar tech company.
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I think Apple helps people much more with making its products than any individual nurse or doctor with their work, but go on ... sort that list by helpfulness. Which company would you pick for most admired?

Don't forget: Corporations are People, my friend.
 
Where's LL Bean and Nordstrom? They are two of the consumer friendliest business in the US.
 
It's weird. Every time this kind of article comes out, it draws more haters than fans on general media sites.

"The one thing they love more than a hero is to see a hero fail, fall, die trying."

:D
 
Samsung is number 21 on the list, Microsoft # 24, Facebook # 38

Proves that you don't have to be admired, or people liking you to make a **** ton of money.
 
AppleScruff1 said:
Where's LL Bean and Nordstrom? They are two of the consumer friendliest business in the US.
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Very true, but this list doesn't have a consumer component. This was a survey of businesses; sort of peer survey. I think it's pretty interesting what other businesses think of each other.
 
ksnell said:
Out for themselves? Out for their shareholders. It's their responsibility to make as much money as legally possible for them. :D
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So true. I love how people talk about this like executives have a choice. If I were a stockholder in a company and the CEO said "we aren't going to take advantage of the LEGAL options to reduce taxes because we want to help the governments out" do you know what I would do? I would be petitioning the board of directors to have them removed for mis-managing my investment and not providing me the return that I should have.

Or just pull my money out of it an put it where it going to provide a better return. Try running large companies with out any access to investors.
 
SimonDK said:
Fun fact

Wayne Rooney pays 5 times more tax than Amazon in the UK.

Some info on Amazon's general tax payments taken from the BBC News website.

Amazon's UK subsidiary paid £2.4m in corporate taxes last year, the online retailer's accounts show, despite making sales of £4.3bn.

The tax bill was almost as much as the £2.5m in government grants Amazon received over the same period, according to a Companies House filing.

Anyone who can justify that practise, by saying ohh there businesses is a fool.
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Here's why : http://youtu.be/JTjLR2OR9LU?t=12m8s

There's also a clip somewhere of Peter Schiff describing why corporations shouldn't pay tax - shareholders pay capital gains tax, employees pay income tax, customers pay sales tax - but I couldn't find a link.
 
FirstNTenderbit said:
Very true, but this list doesn't have a consumer component. This was a survey of businesses; sort of peer survey. I think it's pretty interesting what other businesses think of each other.
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Thanks, I missed that it was more of a peer survey. The top rankings make a lot of sense.
 
So funny to read all the Apple fanboys comments and how they praise Apple and bash all the other companies like Apple never does wrong and they are GOD.

Im not saying all the other companies don't do wrong, but don't act like Apple doesn't.
 
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SPUY767 said:
Who "Admires" Google, other than doe-eyed Wall Street types? I'm terrified of Google and avoid them every chance I get.
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Google collect every single information about people and sells them, they know what people do and they don't care about user privacy. They try to get more market share as much as possible to collect more data. In my opinion Google is like the ''Evil'' corporation from films. But most people are not aware of this they think Google is giving them free services and they don't do anything ''evil'' but in reality nothing is free. And it's very ironic that Google's unofficial slogan is ''Don't be evil'' Google definitely do not deserve being 3rd most admired company.
 
Cyborg21 said:
Google collect every single information about people and sells them, they know what people do and they don't care about user privacy. They try to get more market share as much as possible to collect more data. In my opinion Google is like the ''Evil'' corporation from films. But most people are not aware of this they think Google is giving them free services and they don't do anything ''evil'' but in reality nothing is free. And it's very ironic that Google's unofficial slogan is ''Don't be evil'' Google definitely do not deserve being 3rd most admired company.
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They do way too much user tracking. It is annoying.
 
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