Apple 4th in BW IT top 100

BusinessWeek (BW) today unveiled the results of its Information Technology 100 list, declaring Apple no. 4 among the top contenders and the only U.S. company to place in the top 10. In choosing the 100 participating companies, BusinessWeek begins with financial data from Standard & Poor's, trimming the contestants to information-technology companies and adding non-U.S. companies suggested by a network of foreign bureaus. Further filtering results in the remaining group of companies which are ranked on four criteria: return on equity, revenue growth, shareholder return (given equal weight), and total revenues (which was weighted). Hon Hai Precision, the parent company of Foxconn which manufactures iPods for Apple, claimed the no. 2 spot above Apple, while Google placed 13th ahead of Quanta Computer, which came in 31st. Microsoft earned the 37th spot, trailing Sprint Nextel and Asustek Computer. [updated]

by MacNN Staff