Thursday, March 24, 2011

Apple 50% Sales Growth May Continue Through 2012 on Mobile Boom - Businessweek

A couple projections from Forrester CEO George Colony

“They’ll be bigger than IBM next year, and they’ll be bigger than HP the year after that,” Colony said, citing Apple’s 52 percent sales growth last year. At current growth rates “they’re going to be a $200 billion revenue company,” he said.

Hewlett-Packard had sales of $126 billion in the year that ended in October and IBM’s revenue was $99.9 billion last year, making them the largest technology companies, respectively, by sales. Apple ranks No. 1 by market capitalization.

[…]

Google Inc.’s sales are too dependent on online advertising.

“If you’re too Web-centric right now, you’re in trouble,” Colony said. “ Google’s business model is completely based on you going to the Web and clicking on a link and seeing an ad impression. In the app Internet world, all of that goes away.”

Apple 50% Sales Growth May Continue Through 2012 on Mobile Boom - Businessweek

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