Apple Drops From 1st to 17th on Fast Company's List of the World's 50 Most Innovative Companies

Apple has dropped from first to seventeenth on Fast Company's List of the World's 50 Most Innovative Companies.

The list ranks businesses making the most profound impact on both industry and culture.

Apple
Apple’s most impressive new product of 2018 wasn’t a phone or a tablet, but a chip: the A12 Bionic. Debuting in last fall’s iPhones, it’s the industry’s first processor based on a seven-nanometer manufacturing process. The A12’s 6.9 billion transistors deliver dramatically faster performance, lower power consumption, and more raw muscle for intensive applications such as AI, AR, and high-end photography. At a time when it remains tougher than ever to induce consumers to upgrade, as proven by Apple’s surprise January move to cut revenue guidance on sluggish iPhone sales, the innovative chip design positions the company to create a whole new generation of irresistible experiences.


The top five most innovative companies on the list were Meituan Dianping, Grab, NBA, The Walt Disney Company, and Stitch Fix.

Hit the link below for the full list!

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