Apple holds the top spot for the eighth year in a row. In February, it became the first company to hit more than $700 billion in market value. As tech devotees await the launch of the Apple Watch in April, record smartphone sales were announced in January — 74.5 million phones in final three months of 2014– proving that the iPhone is still the product to beat.
Fortune attributed innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value, quality of products/services, and global competitiveness as factors resulting in Apple's top spot.
The top-ten list is as follows:
3. Berkshire Hathaway
6. Walt Disney
7. Southwest Airlines
8. American Express
9. General Electric
Last year, Apple beat both Google and Amazon to retain its top spot.