NEW YORK, May 22 /PRNewswire/ -- For the second consecutive year, Amazon.com tops BusinessWeek's annual InfoTech 100 ranking of tech's top performing companies. In 2007, Amazon.com vaulted from No.23 to No.1, and the company retains the top spot this year, beating out Apple (No.2), Nintendo (No.4), and Google (No.11).
While Amazon.com and Apple took the top two spots in this year's InfoTech 100, the dominance of U.S. companies in the ranking is in decline: Only 33 companies on the list this year are U.S. based, down from 43 in 2007. When BusinessWeek first began compiling the InfoTech 100 in 1998, 75 of the top performers were U.S. companies.
To compile the InfoTech100, BusinessWeek began with financial data from Standard & Poor's Compustat, also a division of The McGraw-Hill Companies, that has computerized information on over 28,000 publicly traded corporations. BusinessWeek trimmed this universe to information-technology companies. This year, cable companies that expanded into telecom were added. To qualify, companies had to have revenues of at least $300 million. Companies whose stock price has dropped more than 75%, whose sales shrank, or where other developments raised questions about future performance, were eliminated from contention. BusinessWeek also dropped some phone companies whose monopoly or near-monopoly power in their countries gives them an unfair advantage over competitors. The remaining group of companies were ranked on four criteria: return on equity, revenue growth, and shareholder return (given equal weight), and total revenues (which was weighted).
The 10th annual InfoTech 100 appears in BusinessWeek's June 2, 2008 issue, with expanded content on BusinessWeek.com at http://www.businessweek.com/it100/.
BusinessWeek's InfoTech100 June 2, 2008 Issue Rank Company Country Rank Company Country 1 AMAZON.COM U.S. 51 DIGI.COM Malaysia 2 APPLE U.S. 52 QUANTA COMPUTER Taiwan 3 RESEARCH IN MOTION Canada 53 AU OPTRONICS Taiwan 4 NINTENDO Japan 54 AMPHENOL U.S. 5 WESTERN DIGITAL U.S. 55 REDINGTON [INDIA] India 6 AMERICA MOVIL Mexico 56 NAVTEQ U.S. 7 CHINA MOBILE China 57 SEAGATE TECHNOLOGY U.S. 8 NOKIA Finland 58 INTEL U.S. 9 ASUSTEK COMPUTER Taiwan 59 NVIDIA U.S. 10 HIGH TECH COMPUTER Taiwan 60 ADVANCED INFO SERVICE Thailand 11 GOOGLE U.S. 61 VMWARE U.S. 12 MTN GROUP S. Africa 62 TRANSCEND INFORMATION Taiwan 13 IBM U.S. 63 SAP Germany 14 MOBILE TELESYSTEMS OJSC Russia 64 L-3 COMMUNICATIONS U.S. HLDGS. 15 TELEFONICA Spain 65 INDRA SISTEMAS Spain 16 VIMPELCOM Russia 66 RELIANCE India COMMUNICATIONS 17 HON HAI PRECISION IND. Taiwan 67 QUALCOMM U.S. 18 AT&T U.S. 68 MEMC ELECTRONIC U.S. MATERIALS 19 ACCENTURE U.S. 69 BOUYGUES France 20 LG ELECTRONICS Korea 70 DIGITAL CHINA HOLDINGS China 21 BHARTI AIRTEL India 71 ACER Taiwan 22 ORACLE U.S. 72 HARRIS U.S. 23 MICROSOFT U.S. 73 CHICONY ELECTRONICS Taiwan 24 MAROC TELECOM Morocco 74 WIPRO India 25 TURKCELL ILETISIM Turkey 75 YAHOO! JAPAN Japan HIZMETLERI 26 LG DISPLAY Korea 76 POWERCHIP Taiwan SEMICONDUCTOR 27 NHN Korea 77 MANTECH INTERNATIONAL U.S. 28 COSMOTE MOBILE TELECOM Greece 78 EMC U.S. 29 MILLICOM INTL. CELLULAR Lux. 79 NEUF CEGETEL France 30 HEWLETT-PACKARD U.S. 80 BOE TECHNOLOGY GROUP China 31 COMPAL ELECTRONICS Taiwan 81 TPV TECHNOLOGY China 32 SISTEMA Russia 82 INVENTEC Taiwan 33 ORASCOM TELECOM HOLDING Egypt 83 FOXCONN TECHNOLOGY Taiwan 34 SAMSUNG ELECTRONICS Korea 84 SAIC U.S. 35 CHINA UNITED China 85 TOKYO ELECTRON Japan TELECOMMUNICATIONS 36 MOBINIL Egypt 86 DELTA ELECTRONICS Taiwan 37 CARSO GLOBAL TELECOM Mexico 87 AUTOMATIC DATA U.S. PROCESSING 38 KONINKLIJKE KPN Neth. 88 ADVANCED SEMICONDUCTOR Taiwan 39 CISCO SYSTEMS U.S. 89 ROGERS COMMUNICATIONS Canada 40 WISTRON Taiwan 90 UNITED INTERNET Germany 41 MOBILE Kuwait 91 SATYAM COMPUTER India TELECOMMUNICATIONS SERVICES 42 ACTIVISION U.S. 92 NAN YA PCB Taiwan 43 REDECARD Brazil 93 NANYA TECHNOLOGY Taiwan 44 CYPRESS SEMICONDUCTOR U.S. 94 ADOBE SYSTEMS U.S. 45 ZTE China 95 HCL TECHNOLOGIES India 46 LENOVO GROUP China 96 TD AMERITRADE HOLDING U.S. 47 TELEMAR NORTE LESTE Brazil 97 NIKON Japan 48 CORNING U.S. 98 NIDEC Japan 49 PRICELINE.COM U.S. 99 COMMSCOPE U.S. 50 TAIWAN SEMICONDUCTOR Taiwan 100 INTUIT U.S. MRG. Contact: Patti Straus - 212.512.2680 Heather Carpenter - 212.512.2854
