Every year, some companies go bankrupt and others somehow recover. Great products, talented employees, and, in some cases, the government can help. Fortunately, the companies on this list had all those things, becoming dramatic corporate comebacks. One beloved U.S. chain was on the brink of death in 2008, but now it’s stronger than ever (page 10).
Now, Apple is the most valuable company in the world, but there was a time when the tech giant teetered on the edge of bankruptcy. Twenty years ago, media predicted the death of the company and it was losing $1 billion a year. Then founder Steve Jobs returned, launching revolutionary products like the iMac and iPod. Now, people wish they’d bought the company’s stock when it was at bargain-basement prices.
Next: This company is “flying high” after near death.