Apple's Revenue May Grow 50% Through 2012 on Mobile Boom

Thursday Mar 24th 2011 by Staff

Forrester Research predicts Apple will eventually do $200 billion in revenue.

BusinessWeek: Forrester founder and CEO George Colony predicts that Apple will continue to grow at 50 percent per year for the next two years. “They’ll be bigger than IBM next year, and they’ll be bigger than HP the year after that,” Colony said. “They’re going to be a $200 billion revenue company.”

Apple is already the largest tech company by market capitalization, but trails HP and IBM in sales.

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