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 May 22nd

Tue, 4:01 PM
Deal Brothers - New Mac Pro 12 Core 2.66GHz Intel Xeon:  $4739
4:00 PM
Analysis - Estimated Apple TV Sales to Date: 6.3 Million
3:20 PM
Video Review - Buffalo AirStation WZR-D1800H 802.11ac Router Video Review
1:47 PM
News - Apple’s Brand Value Grows 19%, Remains World’s Top Brand
11:13 AM
News - Galaxy Tab Injunction Hearing Set for June 7
10:35 AM
MGG Answers - How to Troubleshoot Connection Issues on Public Wi-Fi Networks
9:59 AM
Hot Forum Topic - Reader Discussion: Predicting Apple’s Q3 iPhone Sales
9:23 AM
News - Google Completes Motorola Mobility Purchase
8:45 AM
News - Webby Awards Pay Tribute to Steve Jobs
Mon, 9:06 PM
News - The Story of the Upside Down, Right Side Up Apple Logo
8:02 PM
News - ITC Judge Declares Kodak Patent Invalid in Apple Case
7:57 PM
News - Houghton Mifflin Textbook Publisher Declares Bankruptcy

The Mac Observer Reader Specials

  • Macsales for the Right Mac Memory. Easy to Use Online Guide for no Guesswork! Mac Pro up to 128GB, iMac up to 32GB. MacBook/MB Pro, & Mac mini up to 16GB. - Macsales.com
  • Mac RAM Upgrades: MacBook Pro 16GB kits $475, 8GB Kits for $119.99! iMac 16GB RAM Kits (4x 4GB) for $229.99! Mac Pro Memory 32GB Kit for $399.99, 64GB Kit for $889.99! Mac Hard Drives 2TB Seagate SATA II for $249.99! Click Here!
  • Macpokeronline.com If you're using a Mac, then you've gotta check out PokerOnAMac.com. Online casinos and poker rooms are literally giving away cash and the casino sites at Poker on a Mac do the unthinkable, they actually reward! Join today, the download is free!
  •  Looking to find online casinos for mac? We can help you find the best real money casino sites where you can play your favorite casino games including blackjack and slots.

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