Apple is No. 8 on Fortune's list of fastest-growing companies
Despite competition from Android, Apple is doing just fine, at least according to Fortune's list of the fastest-growing companies around the world.
Apple came in third on the list of the top 100 companies with a three-year average growth in profit of 70 percent and a gain in sales of 52 percent. Over the past year, Apple's stock price has soared 80 percent, helping it to become the biggest company in the U.S. based on market value.
The one disappointment cited by Fortune was Apple's fiscal 2012 third quarter when earnings and iPhone sales were lower than Wall Street expected. … Read more