No. 3 Apple

2008 Annual Sales (millions): $32,479
Sales CAGR (2004-2008): 40.7%
Value CAGR (2004-2008): 24.2%

In the world of computers and consumer electronics, there is no company more synonymous with innovation than Apple. Credit the stewardship of CEO Steve Jobs for reviving the company's Mac computer line, creating the now iconic line of iPod digital music players, and pushing into the crowded cell-phone market with the popular iPhone. Now rivals are scrambling to catch another Apple innovation, the iPhone App Store.