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Apple At Top of “World’s Most Admired Companies” in New Report
Apple has seen a lot of action over the last couple of weeks. Not just from all the iPad 3 rumors rolling everywhere, but also from it’s stock increases as of late. Ever since their earnings release at the beginning of February 2012, Apple (AAPL) has skyrocketed up claiming over $500 Billion in market capitalization making it one of the most sought after stock buys of the year.
Now with the iPad 3 launch about to happen on March 7th 2012 in San Francisco, and the stock keeping it’s climb, Fortune magazine has put Apple at the top of their “World’s Most Admired Companies” list in a new article. The publication made a statement that stands true to their performance as follows;
To say it was another big year for Apple would be a gross understatement…With the passing of Steve Jobs, questions swirled around the company’s future. But under new CEO Tim Cook’s guidance, Apple continues to prosper.
Other notables that made the top list under Apple were Google, Amazon, Coca-Cola, IBM, FedEx, and Starbucks. The list is dominated by technology companies.
Source – CNN
Article first published as Apple At Top of “World’s Most Admired Companies” in New Report on Technorati.
Hacker Group Gains Access to Apple Supplier Foxconn
Foxconn is one of Apple’s biggest suppliers of parts for their ever popular iPad and iPhone devices. Foxconn also builds parts for many other tech companies like Dell and IBM to name a few. Earlier we heard about how Tim Cook and Apple were against the bad working conditions in China. Tim Cook issued an email to all Apple employees stating his position on ensuring all Apple employees and those connected to Apple, like Foxconn, should be given good working conditions. Foxconn has 3 huge manufacturing buildings in China, where 17 suicides occurred.
As a result of the poor working conditions and headlines illustrating how Foxconn treats its employees, they have been the target of a hacker attack. The group called Swagg Security gained access to Foxconn’s mail servers with login and password credentials to go along. The hackers continued to infiltrate some internal servers and network areas within Foxconn, but it is unknown as to how much access they were able to enter. Currently, Foxconn has terminated the running of those networks and servers upon further security investigation. 9to5mac reports that the suicides and the hacker attempts may be related.
Article first published as Hacker Group Gains Access to Apple Supplier Foxconn on Technorati.
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