Apple Falls to 79th on Forbes Most Innovative Companies List
Apple has fallen from 26th place on Forbes' "The World's Most Innovative Companies" list to 79th place. In 2011 Apple placed 5th on the list.
According to the rankings, Apple's 12-Month Sales Growth is 13.8%, its 5-Year Annualized Total Return is 23.8%, and its Innovation Premium is 22.3%.
The list was topped by Salesforce.com, Alexion Pharmaceuticals, VMware, Regeneron Pharmaceuticals, and ARM Holdings. Amazon came in 7th and Google placed 47th.
Check out the entire list at the link below...