No. 6: Apple
Industry: Computer HardwareSales: $26.5 billion
Net Income: $4.1 billion
Apple (AAPL) launched its latest category-busting gadget, the iPhone, in 2007, and its shares more than doubled. But investors may be more focused now on the stock's 28% plunge since the start of 2008: The Cupertino (Calif.) company has become the poster child for market fears of a slowdown in consumer spending. Chief Executive Steve Jobs has signaled that, despite any recession, Apple won't be trimming its R&D budget. With $18 billion in cash on hand, many expect the product- obsessed Jobs to go on the offensive. He has already announced a corporate version of the iPhone.
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