Apple takes no. 2 in BW 'Tech Hot Growth 50'

BusinessWeek.com has awarded Apple the no. 2 spot in its 'Tech Hot Growth 50' list, comparing technology companies as they struggle to grow after the "bubble-bursting years" of 2000 and 2001. "It's no surprise to find Apple and Google at the top of our list," wrote BusinessWeek.com's Arik Hesseldahl. "Apple Computer, no. 2 on the Tech Hot Growth ranking, is the prime example of a company that has created its own opportunities." The list measures companies by sales growth, total return to shareholders, return on equity, and overall sales. Apple this year sold 39 million iPods alongside 5 million Macs, signaling "breakthrough innovation" that has made the company "an international icon."

Filed under: Apple