Apple Inc. faces another problem.
After all of the recent dilemmas in stocks, the popular super tech giant Apple Inc. falls from the top spot in the list of Forbes’ “World’s Most Admired Companies.” The publication will be released later within this week in its list of 2013 rankings.
Brad Chases, a contributor for Forbes, have written on the change of the rankings. To quote what he has written:
“The company isn’t going to disappear anytime soon. But the value of the once-invincible brand is teetering on the edge of a long, steady drop. Apple’s well-documented approach to fostering a virtual community and establishing an open and transparent dialogue with its customers has been one of the leading drivers in its success. And now it is the cause of its inevitable demise.”
Furthermore, the conrtibutor added that the complete success of the company seems to be drifting away in a lot of ways. Past issues such as glitches, high prices, and missed deadlines were just mere nuisance for the tech giant.
On the other hand, an annual shareholders’ meeting was held by Apple Inc. on Wednesday. The company confirmed that they will be releasing new products for 2013.
Apple Inc.’s shares were up to 1.40 percent at $449.27.