Yuriy Ukazkin
Apple Corporation is the world's number one again. The thing is that Fortune, a major edition, has recently published an annual rating of the world's most respected companies. Apple is currently number one. Yet, the corporation has been dominating the rating for 7 years in a row.
When creating the rating, multiple criteria were taken into account, including personnel management, innovation, social responsibility, competitiveness, quality of products and services, financial stability, asset management and long-term investments.
By the way, Apple is the world's most expensive company. By the way, people are willing to wait for long hours day and night on endless lines in front of local Apple Stores just to be among the first who has bought a new Apple device. This tells a lot about the corporation.
Despite having temporary problems, Apple is still a heavyweight in the global tech industry.
Still, Apple's stock is currently depreciating within the framework of the retracement against the recent rally seen in late 2013. The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of AAPL:
Yuriy Ukazkin
