toggle

AAPL Stock: 112.94 ( + 1.16 )

Printed from http://www.macnn.com

Apple rejoins Forbes\' Platinum 400

updated 12:05 pm EST, Tue December 27, 2005

Forbes\' Platinum 400

Apple is among the winners in of America's best big companies that outperformed the S&P 500 over the past 12 months. Ranked No. 4 in stock return over the past year--behind SanDisk (memory), Holly (Oil & Gas), and Valero (Oil & Gas)--Apple's stock is up 103 percent since 2004, due in large part to sales of its popular iPod music and video player, which helped Apple's revenue increase 68 percent, to $13.9 billion, in its 2005 fiscal year that ended in September. After a year of absence, Apple rejoined the Platinum 400 for 2005, according to the report. It is the third time Apple has made the list. Apple led the Technology Hardware & Equipment industry with a five-year return of nearly 50 percent, outpacing its competitor Dell (6.3 percent return) and industry heavyweight Cisco (-19.2 percent) as well as the industry average of just under 10 percent. Apple was No. 19 when ranked for its 5-year total return.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

Dell AD211 Bluetooth speaker

For all of the high-priced, over-engineered Bluetooth speakers in the electronics market, there is still room for mass-market solution ...

VisionTek 128GB USB Pocket SSD

USB flash drives dealt the death blow to both the floppy and Zip drives. While still faster than either of the old removable media, sp ...

Kodak PixPro SL10 Smart Lens Camera

Smartphone imagery still widely varies. Large Megapixel counts don't make for a good image, and the optics in some devices are lackin ...

toggle

Most Commented