Apple ranks in BW Top 10 in industry, earnings
updated 03:35 pm EDT, Thu July 1, 2004
Apple ranks in BW Top 10
Apple was No. 10 in the 'Technology Hardware & Equipment' category in BusinessWeek's , however, its 3-year return was lower at 31.1%. Averages for the industry were growth of 102.7% (one-year) and loss of 17.6% (3-year). Dell was ranked No. 1 in the industry with a market capitalization of $85 billion. In 2003, BusinessWeek notes that there was a 27.2% increase in notebook sales (vs. 6.5% for desktops) and that the average selling price (worldwide) of a PC was $1,213.
