“Lists of the fastest-growing companies tend to be dominated by smaller firms. That makes sense; it’s a lot easier for a $30 million dollar enterprise to double in size than a $30 billion on,” Philip Elmer-DeWitt reports for Fortune.
“Which makes it all the more surprising to find Apple (AAPL) appearing for the first time in Forbes‘ ranking of America’s 25 Fastest-Growing Tech Companies… But there Apple is, at the No. 14 spot, the largest company on the list — a Gulliver among Lilliputians — with sales of $33 billion, yet still growing at an annualized rate of 40% a year over the past five years,” Elmer-DeWitt reports.
“The only company of comparable size among the top 25 is — you guessed it — Google (GOOG), No. 2 with sales of $21.8 billion and growing at the rate of 72% a year,” Elmer-DeWitt reports.
Full article, with link to the list, here.
