Tencent Trumps Apple in Businessweek Tech Growth Ranking

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Dec. 14 (Bloomberg) -- Tencent Holdings Ltd. Chief Executive Officer Ma Huateng upstaged Apple Inc. CEO Steve Jobs in Bloomberg Businessweek.com’s ranking of the best-performing technology companies. Apple began selling the iPad tablet in April, building a market for a device that’s eroding demand for netbooks and laptops. The company still finished No. 2 behind Tencent, China’s dominant instant-messaging service, in the list, which considers a combination of share performance, sales and profit growth, return on equity and workforce increases. Bloomberg's Cris Valerio reports. (Source: Bloomberg)

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