Number of U.S. companies on the list falls to 33, from 75 a decade ago NEW YORK, May 22
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 www.businessweek.com/it100/.
BusinessWeek's InfoTech100
June 2, 2008 Issue
Rank Company Country Rank CompanyCountry
1 AMAZON.COM U.S. 51 DIGI.COM Malaysia
2 APPLEU.S. 52 QUANTA COMPUTERTaiwan
3 RESEARCH IN MOTION Canada53 AU OPTRONICS Taiwan
4 NINTENDO Japan 54 AMPHENOL U.S.
5 WESTERN DIGITAL U.S. 55 REDINGTON [INDIA] India
6 AMERICA MOVILMexico56 NAVTEQ U.S.
7 CHINA MOBILE China 57 SEAGATE TECHNOLOGY U.S.
8 NOKIAFinland 58 INTEL U.S.
9 ASUSTEK COMPUTER Taiwan59 NVIDIA U.S.
10 HIGH TECH COMPUTER Taiwan60 ADVANCED INFO SERVICE Thailand
11 GOOGLE U.S. 61 VMWARE U.S.
12 MTN GROUP S. Africa62 TRANSCEND INFORMATION Taiwan
13 IBM U.S. 63 SAPGermany
14 MOBILE TELESYSTEMS OJSC Russia64 L-3 COMMUNICATIONS U.S.
HLDGS.
15 TELEFONICA Spain 65 INDRA SISTEMAS Spain
16 VIMPELCOMRussia66 RELIANCE India
COMMUNICATIONS
17 HON HAI PRECISION IND. Taiwan67 QUALCOMM U.S.
18 AT&T U.S. 68 MEMC ELECTRONICU.S.
MATERIALS
19 ACCENTUREU.S. 69 BOUYGUES France
20 LG ELECTRONICS Korea 70 DIGITAL CHINA HOLDINGS China
21 BHARTI AIRTELIndia 71 ACER Taiwan
22 ORACLE U.S. 72 HARRIS U.S.
23 MICROSOFTU.S. 73 CHICONY ELECTRONICSTaiwan
24 MAROC TELECOMMorocco 74 WIPRO India
25 TURKCELL ILETISIMTurkey75 YAHOO! JAPAN Japan
HIZMETLERI
26 LG DISPLAY Korea 76 POWERCHIP Taiwan
SEMICONDUCTOR
27 NHN Korea 77 MANTECH INTERNATIONAL U.S.
28 COSMOTE MOBILE TELECOM Greece78 EMCU.S.
29 MILLICOM INTL. CELLULAR Lux. 79 NEUF CEGETEL France
30 HEWLETT-PACKARD U.S. 80 BOE TECHNOLOGY GROUP China
31 COMPAL ELECTRONICS Taiwan81 TPV TECHNOLOGY China
32 SISTEMA Russia82 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 Mexico87 AUTOMATIC DATA U.S.
PROCESSING
38 KONINKLIJKE KPN Neth. 88 ADVANCED SEMICONDUCTOR Taiwan
39 CISCO SYSTEMSU.S. 89 ROGERS COMMUNICATIONS Canada
40 WISTRON Taiwan90 UNITED INTERNETGermany
41 MOBILE Kuwait91 SATYAM COMPUTERIndia
TELECOMMUNICATIONSSERVICES
42 ACTIVISION U.S. 92 NAN YA PCB Taiwan
43 REDECARD Brazil93 NANYA TECHNOLOGY Taiwan
44 CYPRESS SEMICONDUCTORU.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 Brazil97 NIKON Japan
48 CORNING U.S. 98 NIDEC Japan
49 PRICELINE.COMU.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
SOURCE BusinessWeek
