The Mac Observer

Skip navigational links

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
Apple Ranked Third Fastest Growing Tech Company

Apple Ranked Third Fastest Growing Tech Company

by , 9:50 AM EDT, May 26th, 2006

Business 2.0 released its 2006 ranking of the top 100 fastest growing technology companies, and Apple came in at number three. The list is based publicly traded companies that have a market capitalization of at least US$50 million, and had a positive cash flow during the past 12 months.

Apple's annual revenue growth of 35.4 percent and 123 percent stock return was enough to propel it third place behind Celgene with 52.8 percent revenue growth and 144 percent stock return, and Red Hat's 41 percent growth and 104 percent stock return.

Business 2.0 credits the introduction of the 1GB iPod nano at $199 and the Mac mini as contributors to Apple's success in 2005. In last year's list, Apple came in at 16.

Adobe Systems ranked number 91, and other familiar companies, like Dell and Microsoft, were not on the list.

Observer Comments

Show: Subjects Only | Full Comments
Close Name:gslusher Posts: 2088 Joined: 13 Nov 2002
Subject: "Fastest Growing," not "Biggest."

From the article: "Adobe Systems ranked number 91, and other familiar companies, like Dell and Microsoft, were not on the list."

Of course not. They're hardly growing, if at all. They're essentially treading water, sitting on a huge market share. The percentage of PCs that come with Windows installed is dropping as some manufacturers sell PCs with Linux installed. The usage of MSIE is dropping steadily. When you're on the top, it's hard to go anywhere but down. Go check Microsoft or Dell's stock vs Apple's. Sure, Apple has been sliding since about January, but Dell has been sliding for a very long time. It's price is about 40% (reading off a graph) lower than it was a year ago. Microsoft is also down, maybe 5%. Apple is UP about 55% from a year ago. On a 2-year basis, Apple is up more than 300%, while Dell and Microsoft are both negative. Given the performance of Dell, the stockholders should revolt and fire the entire board and all the executives.

Close Name:Guest
Subject: Re: Fastest Growing not the Biggist

"Of course not. They're hardly growing, if at all. They're essentially treading water, sitting on a huge market share."

Considering the fact that companies like Microsoft often get to where they are by buying up (and stealing from) the compitition, it is pretty hard to grow now that all the companies that you got your ideas from are gone.

Comment on this Article


You cannot edit your comments.   You cannot delete your comments.

Comments are currently closed. Please email the author instead.


Recent Headlines - Updated July 9th

Thu, 3:50 PM
Ted Landau's User Friendly Blog - User Interface Blues
3:42 PM
Reports - Chrome OS Complicates Apple & Google Boards of Directors
1:08 PM
Deal Brothers - Life ‘09 Software Drops to $59.99 Delivered
11:06 AM
News - TechRestore Posts Stop-motion iPhone 3GS Breakdown
10:17 AM
Hot Forum Topic - Parallels versus Fusion: Reader Favorites
9:32 AM
Product News - LaCie Unveils LaCinema Rugged HD Multimedia Hard Drive
8:54 AM
Product News - CheckUp 2.5 Adds Snow Leopard, New Mac Support
8:37 AM
News - Latest Microsoft Ad Hits at MacBook Price Again
8:06 AM
TMO Appearances - TMO’s Jeff Gamet Dives into Social Media at CoMUG
7:30 AM
The Back Page - Looking Ahead at the App Store’s Future
Wed, 6:48 PM
Games - Pipe Mania Puzzle Game Released for Mac, iPhone
5:36 PM
Product News - Apple Releases Safari 4.0.2 with Nitro JavaScript Engine Improvements

The Mac Observer Reader Specials

  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!