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MEDIA RELEASE PR30474
Amazon.com Tops BusinessWeek's 10th Annual InfoTech 100
NEW YORK, June 2/ PRNewswire-AsiaNet/ - Number of U.S. Companies on the List Falls to 33, From 75 a Decade ago
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 ...