Apple is the King of All Recessions


No one thrives in a recession like Apple (Stock Quote: AAPL). According to Forbes, Apple was the fastest growing company over the last three years.

Forbes reports that Apple enjoyed incredible sales growth of 89.3% and annual revenues of $9.6 billion. In a way, this shouldn't come as too much of a surprise. The company seems to have a penchant for being bold in tough times. They introduced the first iPod in the middle of an economic downturn in 2001, which somehow managed to sell well, and they seem to be pulling off the same stunt now, releasing the pricier iPad into our currently troubled economy.

Apple wasn't the only company to power through the economic downturn. According to Forbes, Amazon (Stock Quote: AMZN) grew 78.9% over the last three years, earning it the #2 spot on the list. Other big name companies on the list included Urban Outfitters and Netflix (Stock Quote: NFLX), which continues to boom while Blockbuster (Stock Quote: BBI)  busts.

Several restaurant chains also made it on the list including my personal favorite, Chipotle (Stock Quote: CMG). When Americans face tough times, we like to drown our sorrows in pricey gadgets and gigantic burritos.

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