Despite competition from Android, Apple is doing just fine, at least according to Fortune's list of the fastest-growing companies around the world.Apple came in third on the list of the top 100 companies with a three-year average growth in profit of 70 percent and a gain in sales of 52 percent. Over the past year, Apple's stock price has soared 80 percent, helping it to become the biggest company in the U.S. based on market value.
AT&T CEO Randall Stephenson said the company is still in talks with Apple concerning the data-gobbling FaceTime service, following a rumor reported earlier today that AT&T has plans to charge for the use of FaceTime over its network.
When asked about it at a Fortune conference today, Stephenson skillfully skirted the issue, saying it's too preliminary for talk about pricing information.
"It's too early. We're working with Apple right now to work out stabilizing -- it's too early to talk about pricing," he said before moving on to another topic. … Read more
ASPEN, Colo. -- Two titans of industry took to the stage at a dinner and debate event here attended by a few hundred entrepreneurs and techie types, but the sparks that flew were more befitting of a program with a title beginning with "Real Housewives of..."
Google Chairman Eric Schmidt and super-investor Peter Thiel took aim at each other over the seemingly benign topic of the role of technology in society on the opening night of the Fortune Brainstorm Tech conference, with moderator Adam Lashinsky of Fortune attempting to moderate, often in vain.… Read more
Apple's is movin' on up the Fortune 500 list, passing computer heavyweight IBM.Apple landed at No. 17, up from No. 35, in terms of 2011 revenue, which was a cool $108.2 billion.
To put Apple's meteoric rise into perspective, blue-chip tech stalwart IBM dropped one spot to No. 19, with 2011 revenues of $106.9 billion.
And Hewlett-Packard is also feeling the heat from Apple. Though Apple's Silicon Valley neighbor moved up one spot to No. 10, with revenue of $127.2 billion, HP is not the profit juggernaut that Apple is.
Apple was No.… Read more
Apple is once again tops in the eyes of the business world, according to Fortune.
The iPhone maker took the lead as the world's most admired company for the fifth year in a row.
Selected No. 1 by business professionals polled for Fortune's annual list, Apple was cited for its banner year. CEO Tim Cook was able to steer the company after the resignation and death of Steve Jobs to end 2012 with a prosperous fourth quarter thanks to heavy demand for the iPhone 4s.
Google topped Fortune magazine's list of Best Companies to Work For 2012, knocking the nearly paternalist SAS Institute from the top perch.
The Web giant claimed the top spot on the strength of both its financial performance-- revenue, profits and share price all climbed--and employee gratitude for its corporate culture. Fortune noted that Google employees have access to bocce courts, bowling alleys, and, of course, free food.
Each year, Fortune compiles the list of large companies that treat their employees well, generally by granting perks that the rest of us wish we had. SAS, which came in third this … Read more
Starting today, users of the 7-inch color e-book reader will be able to access special editions of Time, Fortune, People, Sports Illustrated, and Parents & Fitness, all designed specifically for the Nook Color. Two more publications--Entertainment Weekly and Cooking Light--promise to hit the newsstand before the end of the year.
Beyond offering the regular content found in the magazines, the Nook editions provide bonus features, such as video and audio podcasts, animations, … Read more
LAGUNA NIGUEL, Calif.--In the absence of leadership from the federal government, businesses are the best vehicle for slowly transitioning society away from fossil fuels.
That's one of the themes from the Fortune Brainstorm Green this week, a conference to explore environmental sustainability at corporations.
Innovation is the only way to address the "technology gap" that exists between the price of fossil fuels and clean-energy technologies, such as solar, wind, and electric vehicles, said Michael Shellenberger, the president of the Breakthrough Institute.
"This huge gulf that still exists between fossil fuels and clean tech has got … Read more
LAGUNA NIGUEL, Calif.--Six years into green-tech venture investing, Kleiner Perkins continues to see the potential for green technologies to leapfrog incumbent energy systems, according to tech luminary Bill Joy.
In an onstage interview today at the Fortune Brainstorm Green conference here, Joy said Kleiner Perkins Caufield & Byers, where he is a partner, seeks out disruptive technologies that could change energy much the way that technologies, such as PCs and mobile devices, shook up the IT industry.
The famed Silicon Valley venture capital company, which funded Amazon, Google, and many other IT companies, has made about 60 green-tech investments, … Read more
LAGUNA NIGUEL, Calif.--The key to avoiding the worst effects of global warming is to make money while doing so, says iconic entrepreneur Richard Branson.
The chairman of the Virgin Group, which oversees 350 businesses, is involved in dozens of efforts to reduce carbon emissions linked to global warming, both in Virgin's business operations and through spin-off efforts.
Branson was interviewed at the Fortune Brainstorm Green business conference here yesterday, where he argued that entrepreneurs, investors, and corporations need to take the lead on addressing global warming. Government policies should set ground rules, such as taxing dirty fuels, but … Read more