Apple Number 2 in BusinessWeek's "Hot Growth 50"

BusinessWeek.com rated companies for growth in 2006 measuring by growth in sales, total return to shareholders, return on equity and overall sales. Apple Computer ranked #2 behind Amkor Technology. Apple beat out other high growth well-known tech firms like Google at #4 and Oracle at #8.

BusinessWeek had this to say about Apple:

Apple Computer (AAPL), No. 2 on the Tech Hot Growth ranking, is the prime example of a company that has created its own opportunities. Its breakthrough innovation in digital music has made it an international icon and propelled sales up 39% over the past 12 months, to $19.3 billion. The company sold 39 million iPods in the 2006 fiscal year, as well as 5 million Macintosh computers.

Amkor Technology cuts individual chips from silicon wafers made by companies like Intel and packages the chip for insertion into computers. More... [Dana Baggett]