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Home / Business / Apple falls to the 17th place on Fast Company's most innovative company list for 2019

Apple falls to the 17th place on Fast Company's most innovative company list for 2019



Fast Company has today published its list of the world's most innovative companies for 2019. While Apple topped this list last year, 2019's performance is slightly different, while Apple falls to point 17.

Sylvania HomeKit Light Strip [19659003] Fast Company has this year named Meituan Dianping as its most innovative company. Meituan Dianping is a Chinese technology platform that "promotes the ordering and delivery of services such as food, hotel stays and movie tickets." Rounding off the top five is the riding company Grab, NBA, The Walt Disney Company and Stitch Fix.

Other companies that come ahead of Apple are those like Square, Twitch, Shopify, Peloton, Alibaba and Truepic. Apple comes in on site 17.

Last year, Fast Company pointed to things like AirPods, enhanced reality, and iPhone X as reasons why Apple should be number one on the list. This year, however, Apple is credited for its A12 Bionic processor, available in the iPhone XS and iPhone XR.

Apple's most impressive new product in 2018 was not a phone or tablet, but a chip: A12 Bionic. Debut in the iPhone's last fall, it's the industry's first processor based on a seven-nanometer production process. The A12's 6.9 billion transistors deliver dramatically faster performance, lower power consumption and more raw muscles for intensive applications such as AI, AR and high-end photography.

While falling from number one to 17, it's certainly a significant fall for Apple, the results of these types of lists are generally quite arbitrary. Although it is interesting to read the reasons for each company on the list.

Read Fast Company's complete overview of the world's most innovative companies here. Where do you think Apple should be ranked on this list? Please let us know in the comments.

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