Since 2011, Forbes has issued the Most Innovative Companies List, ranking the top 100 of what it considers to be the companies that benefit both from existing innovations and what's anticipated to happen in the future. In 2011, Apple was in the Number 5 spot. Last year, the company fell to Number 26. This year, Forbes ranked the company at Number 79.
This ranking follows criticism of Apple in the press for not introducing completely new product categories every few years. In 2007, the company jump-started the smartphone rev